(U.S. Global Jets ETF)
| JETS latest price $17.3200 (2.73%) ($16.7700 - $17.3200) on Fri. Dec. 1, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.66% (three month average) |
| RSI | 76 |
| Latest Price | $17.3200(2.73%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | JETS advances 0.6% a day on average for past five trading days. |
| Weekly Trend | JETS advances 1.8% 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(86%) XRT(67%) IWC(63%) XLI(63%) SDY(61%) |
| Factors Impacting JETS price | JETS will decline at least -0.83% in a week (0% probabilities).
VXX(-38%) VIXM(-35%) SHY(-32%) CEMB(-32%) EMHY(-17%) |
| 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 | -0.83% (StdDev 1.66%) |
| Hourly BBV | 1.7 () |
| Intraday Trend | 3.2% |
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