(U.S. Global Jets ETF)
| JETS latest price $23.0500 (0.7%) ($22.8500 - $23.2100) on Fri. Feb. 5, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.85% (three month average) |
RSI | 56 |
Latest Price | $23.0500(0.7%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | JETS advances 1.5% a day on average for past five trading days. |
Market Behavior | Broad based rally for large cap. Broad based rally 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 -1.425% in a week (0% probabilities). VIXM(-39%) UUP(-20%) VXX(-14%) TLT(-5%) 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 | -1.425% (StdDev 2.85%) |
Hourly BBV | 0.8 () |
Intraday Trend | -0.5% |
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