(U.S. Global Jets ETF)
| JETS latest price $20.6200 (-1.81%) ($20.6100 - $20.8600) on Tue. May. 7, 2024. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.33% (three month average) |
| RSI | 59 |
| Latest Price | $20.6200(-1.81%) |
| 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 -0.1% a week on average for past two weeks. |
| Market Behavior | Value stock rally for large cap. Growth stock rally for small cap. |
| Correlated ETFs | Broad market will support JETS advance at 0% a week (0% probability)
IWM(79%) IWN(79%) IWO(76%) IVE(70%) DIA(68%) |
| Factors Impacting JETS price | JETS will decline at least -0.665% in a week (0% probabilities).
VIXM(-49%) VXX(-27%) UUP(-12%) TLT(-0%) GLD(23%) |
| 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 | -0.665% (StdDev 1.33%) |
| Hourly BBV | -0 () |
| Intraday Trend | -1.1% |
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