(U.S. Global Jets ETF)
| JETS latest price $23.1200 (0.3%) ($22.8400 - $23.3600) on Fri. Aug. 6, 2021. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.75% (three month average) |
| RSI | 66 |
| Latest Price | $23.1200(0.3%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | JETS advances 0.2% a day on average for past five trading days. |
| Weekly Trend | JETS declines -0.1% a week on average for past two weeks. |
| Market Behavior | Value stock rally for large cap. Value 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 -0.875% in a week (0% probabilities).
VIXM(-38%) UUP(-20%) VXX(-12%) TLT(-3%) SHY(-3%) |
| 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 | -0.875% (StdDev 1.75%) |
| Hourly BBV | 0.9 () |
| Intraday Trend | -1.2% |
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