(U.S. Global Jets ETF)
| JETS latest price $18.1500 (-1.73%) ($18.0300 - $18.4100) on Tue. Aug. 9, 2022. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.54% (three month average) |
| RSI | 51 |
| Latest Price | $18.1500(-1.73%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | JETS advances 0.5% 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 | Growth stock sell-off for large cap. Broad based sell-off 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 -1.27% in a week (0% probabilities).
VIXM(-17%) UUP(-13%) TBT(-9%) VXX(-5%) EDOC(-5%) |
| 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 | -1.27% (StdDev 2.54%) |
| Hourly BBV | -1.2 () |
| Intraday Trend | -1.3% |
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