(U.S. Global Jets ETF)
| JETS latest price $19.4400 (1.73%) ($19.0400 - $19.5200) on Tue. Aug. 29, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.35% (three month average) |
| RSI | 30 |
| Latest Price | $19.4400(1.73%) |
| 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 declines -2.5% 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(80%) IWC(79%) IBUY(74%) XRT(73%) |
| Factors Impacting JETS price | JETS will decline at least -0.675% in a week (0% probabilities).
VXX(-43%) VIXM(-38%) TBT(-29%) UUP(-28%) USO(-18%) |
| 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 | -0.675% (StdDev 1.35%) |
| Hourly BBV | 1.6 () |
| Intraday Trend | 1.7% |
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