(U.S. Global Jets ETF)
| JETS latest price $20.2300 (2.07%) ($19.9400 - $20.2800) on Tue. Jun. 13, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.53% (three month average) |
| RSI | 82 |
| Latest Price | $20.2300(2.07%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | JETS advances 1.2% a day on average for past five trading days. |
| Weekly Trend | JETS advances 3.9% 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(79%) IWC(72%) IBUY(70%) XRT(70%) |
| Factors Impacting JETS price | JETS will decline at least -0.765% in a week (0% probabilities).
VXX(-43%) VIXM(-39%) TBT(-31%) UUP(-28%) USO(-13%) |
| 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 | -0.765% (StdDev 1.53%) |
| Hourly BBV | 1.6 () |
| Intraday Trend | 1.3% |
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