(U.S. Global Jets ETF)
| JETS latest price $23.0100 (-0.35%) ($22.8950 - $23.3350) on Fri. Jul. 23, 2021. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.63% (three month average) |
| RSI | 37 |
| Latest Price | $23.0100(-0.35%) |
| 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 declines -2.5% 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(85%) IYT(77%) IWM(74%) IWN(74%) IWC(73%) |
| Factors Impacting JETS price | JETS will decline at least -0.815% in a week (0% probabilities).
VIXM(-38%) UUP(-20%) VXX(-13%) 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 | -0.815% (StdDev 1.63%) |
| Hourly BBV | -0.9 () |
| Intraday Trend | -0.8% |
| | |
| |
|