(U.S. Global Jets ETF)
| JETS latest price $20.4600 (-6.75%) ($19.7700 - $20.8000) on Tue. Jun. 9, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.77% (three month average) |
RSI | 82 |
Latest Price | $20.4600(-6.75%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | JETS advances 4.7% a day on average for past five trading days. |
Weekly Trend | JETS advances 20.1% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support JETS advance at 0% a week (0% probability) PEJ(78%) IWN(75%) IWD(71%) IWM(71%) IVE(70%) |
Factors Impacting JETS price | JETS will decline at least -3.385% in a week (0% probabilities). VIXM(-41%) UUP(-20%) VXX(-16%) TLT(-13%) SHY(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -3.385% (StdDev 6.77%) |
Hourly BBV | -0.6 () |
Intraday Trend | -0.9% |
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