(U.S. Global Jets ETF)
| JETS latest price $15.5500 (-3.02%) ($15.4050 - $15.8700) on Fri. Oct. 7, 2022. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.23% (three month average) |
| RSI | 34 |
| Latest Price | $15.5500(-3.02%) |
| 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 declines -1.7% a week on average for past two weeks. |
| Market Behavior | Broad based 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(79%) PEJ(79%) IWC(75%) IWN(72%) IWD(71%) |
| Factors Impacting JETS price | JETS will decline at least -1.115% in a week (0% probabilities).
VIXM(-12%) UUP(-7%) SHY(-6%) TBT(-5%) VXX(-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 | -1.115% (StdDev 2.23%) |
| Hourly BBV | -1.4 () |
| Intraday Trend | -1.9% |
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