(U.S. Global Jets ETF)
| JETS latest price $24.1100 (-1.03%) ($23.6700 - $24.1500) on Thu. Feb. 18, 2021. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.86% (three month average) |
| RSI | 72 |
| Latest Price | $24.1100(-1.03%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | JETS advances 0.5% a day on average for past five trading days. |
| Weekly Trend | JETS advances 4.4% 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%) IYT(75%) IWN(74%) IWM(73%) IWC(71%) |
| Factors Impacting JETS price | JETS will decline at least -0.93% in a week (0% probabilities).
VIXM(-38%) UUP(-21%) VXX(-14%) TLT(-5%) SHY(-3%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.93% (StdDev 1.86%) |
| Hourly BBV | 0.8 () |
| Intraday Trend | 0.1% |
| | |
| |
|