(U.S. Global Jets ETF)
| JETS latest price $28.5600 (2.15%) ($27.7300 - $28.5600) on Wed. Mar. 17, 2021. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.94% (three month average) |
| RSI | 71 |
| Latest Price | $28.5600(2.15%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | JETS advances 1.4% a day on average for past five trading days. |
| Weekly Trend | JETS advances 3.5% a week on average for past two weeks. |
| Market Behavior | Value stock 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(81%) IYT(76%) IWM(74%) IWN(74%) IWC(72%) |
| Factors Impacting JETS price | JETS will decline at least -0.97% in a week (0% probabilities).
VIXM(-39%) UUP(-20%) VXX(-14%) TLT(-5%) IGOV(-4%) |
| 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 | -0.97% (StdDev 1.94%) |
| Hourly BBV | 0.9 () |
| Intraday Trend | 2.6% |
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