(U.S. Global Jets ETF)
| JETS latest price $22.0000 (-0.81%) ($21.9500 - $22.4000) on Wed. Jul. 12, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.39% (three month average) |
| RSI | 72 |
| Latest Price | $22.0000(-0.81%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | JETS advances 0.3% a day on average for past five trading days. |
| Weekly Trend | JETS advances 3.2% 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(80%) PEJ(79%) IWC(76%) XRT(72%) IBUY(71%) |
| Factors Impacting JETS price | JETS will decline at least -0.695% in a week (0% probabilities).
VXX(-43%) VIXM(-38%) TBT(-33%) UUP(-26%) 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 | -0.695% (StdDev 1.39%) |
| Hourly BBV | -0.6 () |
| Intraday Trend | -1.4% |
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