(U.S. Global Jets ETF)
| JETS latest price $23.7000 (2.82%) ($23.1800 - $23.8600) on Mon. Feb. 8, 2021. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.85% (three month average) |
| RSI | 59 |
| Latest Price | $23.7000(2.82%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | JETS advances 2% a day on average for past five trading days. |
| Weekly Trend | JETS advances 1.3% a week on average for past two weeks. |
| 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(71%) |
| 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 | 1.4 () |
| Intraday Trend | 2.2% |
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