(U.S. Global Jets ETF)
| JETS latest price $18.6900 (-1.06%) ($18.4700 - $19.0190) on Thu. Sep. 17, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.39% (three month average) |
| RSI | 64 |
| Latest Price | $18.6900(-1.06%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | JETS advances 0.8% a day on average for past five trading days. |
| Weekly Trend | JETS advances 1.5% a week on average for past two weeks. |
| Market Behavior | Broad based 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(80%) IWN(74%) IYT(74%) IWM(72%) IWD(70%) |
| Factors Impacting JETS price | JETS will decline at least -1.195% in a week (0% probabilities).
VIXM(-40%) UUP(-21%) VXX(-15%) TLT(-9%) EDOC(-6%) |
| 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 | -1.195% (StdDev 2.39%) |
| Hourly BBV | -0.3 () |
| Intraday Trend | 0.9% |
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