(U.S. Global Jets ETF)
| JETS latest price $18.2600 (-0.38%) ($18.0900 - $18.4350) on Fri. Aug. 5, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.67% (three month average) |
RSI | 64 |
Latest Price | $18.2600(-0.38%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | JETS advances 0.7% a day on average for past five trading days. |
Weekly Trend | JETS advances 1.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support JETS advance at 0% a week (0% probability) IYT(81%) PEJ(81%) IWC(77%) IWM(74%) IWD(73%) |
Factors Impacting JETS price | JETS will decline at least -1.335% in a week (0% probabilities). VIXM(-18%) UUP(-14%) TBT(-9%) VXX(-5%) EDOC(-4%) |
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 | -1.335% (StdDev 2.67%) |
Hourly BBV | 0 () |
Intraday Trend | 0.6% |
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