(U.S. Global Jets ETF)
| JETS latest price $17.3100 (0.46%) ($16.9900 - $17.3500) on Mon. Jul. 25, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.72% (three month average) |
RSI | 57 |
Latest Price | $17.3100(0.46%) |
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 advances 2.6% 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) IYT(81%) PEJ(81%) IWC(76%) IWN(74%) IWD(73%) |
Factors Impacting JETS price | JETS will decline at least -1.36% in a week (0% probabilities). VIXM(-19%) UUP(-14%) TBT(-7%) VXX(-5%) SHY(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.36% (StdDev 2.72%) |
Hourly BBV | -0.4 () |
Intraday Trend | 0.5% |
| |
|
|