(U.S. Global Jets ETF)
| JETS latest price $17.0700 (1.49%) ($16.7800 - $17.1550) on Fri. Jul. 15, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.7% (three month average) |
RSI | 43 |
Latest Price | $17.0700(1.49%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | JETS advances 0.3% a day on average for past five trading days. |
Weekly Trend | JETS declines -0.1% 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(81%) IYT(80%) IWC(76%) IWN(74%) IWM(73%) |
Factors Impacting JETS price | JETS will decline at least -1.35% in a week (0% probabilities). VIXM(-19%) UUP(-15%) TBT(-7%) VXX(-5%) SHY(-0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.35% (StdDev 2.7%) |
Hourly BBV | 1.6 () |
Intraday Trend | 0.2% |
| |
|
|