(U.S. Global Jets ETF)
| JETS latest price $20.1300 (3.92%) ($19.7400 - $20.1700) on Wed. Apr. 17, 2024. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.41% (three month average) |
| RSI | 38 |
| Latest Price | $20.1300(3.92%) |
| 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 declines -2.3% a week on average for past two weeks. |
| Market Behavior | Growth stock sell-off for large cap. Broad based sell-off for small cap. |
| Correlated ETFs | Broad market will support JETS advance at 0% a week (0% probability)
IVE(60%) DIA(56%) TAN(55%) IWN(50%) IWM(48%) |
| Factors Impacting JETS price | JETS will decline at least -0.705% in a week (0% probabilities).
UUP(-64%) VXX(-56%) VIXM(-52%) SMH(4%) GLD(8%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.705% (StdDev 1.41%) |
| Hourly BBV | 1.7 () |
| Intraday Trend | 2.1% |
| | |
| |
|