(U.S. Global Jets ETF)
| JETS latest price $22.3800 (-1.84%) ($22.0700 - $22.6700) on Thu. Jan. 21, 2021. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 3.01% (three month average) |
| RSI | 49 |
| Latest Price | $22.3800(-1.84%) |
| 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 advances 1.1% a week on average for past two weeks. |
| Market Behavior | Rotation from value to growth 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%) IYT(75%) IWN(74%) IWM(73%) IWC(70%) |
| Factors Impacting JETS price | JETS will decline at least -1.505% 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 | -1.505% (StdDev 3.01%) |
| Hourly BBV | -0.7 () |
| Intraday Trend | -1.3% |
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