(U.S. Global Jets ETF)
| JETS latest price $18.0600 (0.22%) ($17.8550 - $18.2000) on Thu. Apr. 13, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.57% (three month average) |
RSI | 64 |
Latest Price | $18.0600(0.22%) |
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 1.6% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support JETS advance at 0% a week (0% probability) IYT(79%) PEJ(77%) IWC(73%) XRT(70%) IBUY(68%) |
Factors Impacting JETS price | JETS will decline at least -0.785% in a week (0% probabilities). VXX(-46%) VIXM(-41%) UUP(-23%) TBT(-21%) IGOV(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.785% (StdDev 1.57%) |
Hourly BBV | -0.5 () |
Intraday Trend | -0.6% |
| |
|
|