(U.S. Global Jets ETF)
| JETS latest price $20.3000 (1.3%) ($20.1150 - $20.3890) on Wed. Mar. 6, 2024. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.56% (three month average) |
| RSI | 58 |
| Latest Price | $20.3000(1.3%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | JETS advances 0.2% a day on average for past five trading days. |
| Weekly Trend | JETS advances 0.1% a week on average for past two weeks. |
| Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
| Correlated ETFs | Broad market will support JETS advance at 0% a week (0% probability)
IWN(68%) IWM(65%) IVE(63%) IWO(57%) DIA(53%) |
| Factors Impacting JETS price | JETS will decline at least -0.78% in a week (0% probabilities).
VXX(-46%) UUP(-45%) VIXM(-44%) SMH(16%) GLD(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 | -0.78% (StdDev 1.56%) |
| Hourly BBV | 1.2 () |
| Intraday Trend | 0.8% |
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