(U.S. Global Jets ETF)
| JETS latest price $26.0300 (-0.91%) ($25.7700 - $26.4000) on Thu. May. 20, 2021. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.93% (three month average) |
| RSI | 50 |
| Latest Price | $26.0300(-0.91%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | JETS advances 0.6% a day on average for past five trading days. |
| Weekly Trend | JETS advances 1.1% a week on average for past two weeks. |
| Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
| Correlated ETFs | Broad market will support JETS advance at 0% a week (0% probability)
PEJ(82%) IYT(77%) IWM(74%) IWN(74%) IWC(73%) |
| Factors Impacting JETS price | JETS will decline at least -0.965% in a week (0% probabilities).
VIXM(-39%) UUP(-21%) VXX(-14%) TLT(-4%) SHY(-3%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.965% (StdDev 1.93%) |
| Hourly BBV | -0.6 () |
| Intraday Trend | -1.3% |
| | |
| |
|