(U.S. Global Jets ETF)
| JETS latest price $19.9400 (-0.15%) ($19.5500 - $19.9950) on Thu. Jan. 19, 2023. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.79% (three month average) |
| RSI | 91 |
| Latest Price | $19.9400(-0.15%) |
| 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 8.2% a week on average for past two weeks. |
| Market Behavior | Value stocks 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(78%) PEJ(77%) IWC(74%) XRT(69%) IWM(68%) |
| Factors Impacting JETS price | JETS will decline at least -0.895% in a week (0% probabilities).
VIXM(-46%) UUP(-21%) SHY(-18%) TBT(-15%) VXX(-8%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.895% (StdDev 1.79%) |
| Hourly BBV | -0.3 () |
| Intraday Trend | 0.6% |
| | |
| |
|