(U.S. Global Jets ETF)
| JETS latest price $21.3800 (0.9%) ($21.1300 - $21.4500) on Thu. Dec. 23, 2021. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.35% (three month average) |
| RSI | 63 |
| Latest Price | $21.3800(0.9%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | JETS advances 1.6% a day on average for past five trading days. |
| Weekly Trend | JETS declines -0.7% a week on average for past two weeks. |
| Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
| Correlated ETFs | Broad market will support JETS advance at 0% a week (0% probability)
PEJ(84%) IYT(79%) IDRV(74%) IWM(74%) IWC(73%) |
| Factors Impacting JETS price | JETS will decline at least -1.175% in a week (0% probabilities).
VIXM(-36%) UUP(-21%) VXX(-10%) SHY(-2%) USO(-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 | -1.175% (StdDev 2.35%) |
| Hourly BBV | 1.1 () |
| Intraday Trend | 0.2% |
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