(U.S. Global Jets ETF)
| JETS latest price $23.1700 (1.85%) ($22.7250 - $23.3550) on Tue. Aug. 10, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.75% (three month average) |
RSI | 48 |
Latest Price | $23.1700(1.85%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | JETS advances 0.4% a day on average for past five trading days. |
Weekly Trend | JETS declines -0.9% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value 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(-37%) UUP(-20%) VXX(-12%) SHY(-3%) TLT(-2%) |
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 | 1.4 () |
Intraday Trend | 1.7% |
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