(U.S. Global Jets ETF)
| JETS latest price $16.6200 (1.71%) ($16.4900 - $16.8450) on Tue. Oct. 10, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.2% (three month average) |
| RSI | 33 |
| Latest Price | $16.6200(1.71%) |
| 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 -1.7% 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)
IWC(81%) IYT(81%) PEJ(80%) IBUY(75%) XHB(75%) |
| Factors Impacting JETS price | JETS will decline at least -0.6% in a week (0% probabilities).
VXX(-43%) VIXM(-38%) TBT(-30%) 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 | -0.6% (StdDev 1.2%) |
| Hourly BBV | 0.2 () |
| Intraday Trend | 0.6% |
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