(U.S. Global Jets ETF)
| JETS latest price $22.3800 (-0.4%) ($22.1750 - $22.5100) on Thu. Dec. 31, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.9% (three month average) |
| RSI | 36 |
| Latest Price | $22.3800(-0.4%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | JETS advances 0.1% a day on average for past five trading days. |
| Weekly Trend | JETS declines -1.3% a week on average for past two weeks. |
| Market Behavior | Broad based rally for large cap. Growth stock sell-off for small cap. |
| Correlated ETFs | Broad market will support JETS advance at 0% a week (0% probability)
PEJ(80%) IYT(75%) IWM(73%) IWN(73%) IWC(70%) |
| Factors Impacting JETS price | JETS will decline at least -1.45% in a week (0% probabilities).
VIXM(-39%) UUP(-21%) VXX(-15%) TLT(-6%) SHY(-3%) |
| 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 | -1.45% (StdDev 2.9%) |
| Hourly BBV | 0.7 () |
| Intraday Trend | -0.6% |
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