(U.S. Global Jets ETF)
| JETS latest price $20.2200 (2.9%) ($19.5550 - $20.2650) on Wed. Mar. 20, 2024. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.55% (three month average) |
| RSI | 50 |
| Latest Price | $20.2200(2.9%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | JETS advances 0.5% a day on average for past five trading days. |
| Weekly Trend | JETS declines -0.9% 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)
IWN(64%) IWM(62%) TAN(62%) IVE(59%) IWO(56%) |
| Factors Impacting JETS price | JETS will decline at least -0.775% in a week (0% probabilities).
VIXM(-45%) VXX(-44%) UUP(-44%) SMH(16%) GLD(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 | -0.775% (StdDev 1.55%) |
| Hourly BBV | 2.7 () |
| Intraday Trend | 3.3% |
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