(U.S. Global Jets ETF)
| JETS latest price $18.7900 (2.62%) ($18.4900 - $18.9600) on Fri. Jun. 2, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.63% (three month average) |
| RSI | 70 |
| Latest Price | $18.7900(2.62%) |
| 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 0.6% 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(78%) IWC(72%) IBUY(69%) IDRV(69%) |
| Factors Impacting JETS price | JETS will decline at least -0.815% in a week (0% probabilities).
VXX(-44%) VIXM(-40%) TBT(-29%) UUP(-27%) USO(-12%) |
| 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 | -0.815% (StdDev 1.63%) |
| Hourly BBV | 1.6 () |
| Intraday Trend | 1.6% |
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