(U.S. Global Jets ETF)
| JETS latest price $17.4200 (4.56%) ($16.6300 - $17.4500) on Fri. Jun. 24, 2022. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.75% (three month average) |
| RSI | 33 |
| Latest Price | $17.4200(4.56%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | JETS advances 1.7% a day on average for past five trading days. |
| Weekly Trend | JETS declines -7.2% 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(82%) IYT(80%) IWC(76%) IWM(74%) IWN(74%) |
| Factors Impacting JETS price | JETS will decline at least -1.375% in a week (0% probabilities).
VIXM(-21%) UUP(-13%) TBT(-6%) VXX(-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 | -1.375% (StdDev 2.75%) |
| Hourly BBV | 1.6 () |
| Intraday Trend | 4.3% |
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