(U.S. Global Jets ETF)
| JETS latest price $24.2200 (-1.42%) ($23.7200 - $24.2550) on Wed. Oct. 6, 2021. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.99% (three month average) |
| RSI | 69 |
| Latest Price | $24.2200(-1.42%) |
| 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 advances 3.6% a week on average for past two weeks. |
| Market Behavior | Growth stock rally for large cap. Value stock sell-off for small cap. |
| Correlated ETFs | Broad market will support JETS advance at 0% a week (0% probability)
PEJ(85%) IYT(78%) IWM(74%) IWN(74%) IWC(73%) |
| Factors Impacting JETS price | JETS will decline at least -0.995% in a week (0% probabilities).
VIXM(-37%) UUP(-20%) VXX(-12%) SHY(-3%) TLT(-1%) |
| 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 | -0.995% (StdDev 1.99%) |
| Hourly BBV | -0.8 () |
| Intraday Trend | 0.5% |
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