(U.S. Global Jets ETF)
| JETS latest price $19.2500 (-1.38%) ($18.8250 - $19.8950) on Fri. May. 20, 2022. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 3.06% (three month average) |
| RSI | 35 |
| Latest Price | $19.2500(-1.38%) |
| 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 -3.7% a week on average for past two weeks. |
| Market Behavior | Normal for large cap. Normal for small cap. |
| Correlated ETFs | Broad market will support JETS advance at 0% a week (0% probability)
PEJ(83%) IYT(81%) IWC(78%) IWM(76%) IWN(75%) |
| Factors Impacting JETS price | JETS will decline at least -1.53% in a week (0% probabilities).
VIXM(-26%) UUP(-17%) VXX(-6%) TBT(-4%) SHY(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 | -1.53% (StdDev 3.06%) |
| Hourly BBV | -1.6 () |
| Intraday Trend | -2.7% |
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