(U.S. Global Jets ETF)
| JETS latest price $21.4600 (0.7%) ($21.0900 - $21.6600) on Tue. May. 3, 2022. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 3% (three month average) |
| RSI | 61 |
| Latest Price | $21.4600(0.7%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | JETS advances 0.1% a day on average for past five trading days. |
| Weekly Trend | JETS declines -0.2% 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(84%) IYT(81%) IWC(78%) IWM(77%) IWN(76%) |
| Factors Impacting JETS price | JETS will decline at least -1.5% in a week (0% probabilities).
VIXM(-29%) UUP(-18%) VXX(-7%) TBT(-5%) SHY(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 | -1.5% (StdDev 3%) |
| Hourly BBV | 0.3 () |
| Intraday Trend | 0.3% |
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