(U.S. Global Jets ETF)
| JETS latest price $26.9100 (-0.66%) ($26.7400 - $27.0980) on Wed. Mar. 31, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.06% (three month average) |
RSI | 51 |
Latest Price | $26.9100(-0.66%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | JETS advances 1% a day on average for past five trading days. |
Weekly Trend | JETS declines -2.3% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Growth stock 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(73%) |
Factors Impacting JETS price | JETS will decline at least -1.03% in a week (0% probabilities). VIXM(-39%) UUP(-21%) 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 | -1.03% (StdDev 2.06%) |
Hourly BBV | 0.7 () |
Intraday Trend | -0.7% |
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