(U.S. Global Jets ETF)
| JETS latest price $22.7500 (0.26%) ($22.5700 - $23.0750) on Fri. Sep. 17, 2021. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.81% (three month average) |
| RSI | 42 |
| Latest Price | $22.7500(0.26%) |
| 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 -1% a week on average for past two weeks. |
| Market Behavior | Broad based sell-off for large cap. Normal for small cap. |
| Correlated ETFs | Broad market will support JETS advance at 0% a week (0% probability)
PEJ(85%) IYT(78%) IWM(74%) IWN(73%) IWC(72%) |
| Factors Impacting JETS price | JETS will decline at least -0.905% in a week (0% probabilities).
VIXM(-37%) UUP(-19%) VXX(-12%) SHY(-3%) TLT(-1%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.905% (StdDev 1.81%) |
| Hourly BBV | 0.4 () |
| Intraday Trend | -0.2% |
| | |
| |
|