(U.S. Global Jets ETF)
| JETS latest price $27.0200 (2.27%) ($26.4400 - $27.3250) on Wed. Feb. 24, 2021. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.83% (three month average) |
| RSI | 89 |
| Latest Price | $27.0200(2.27%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | JETS advances 2.1% a day on average for past five trading days. |
| Weekly Trend | JETS advances 5.5% 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)
PEJ(80%) IYT(76%) IWN(74%) IWM(73%) IWC(71%) |
| Factors Impacting JETS price | JETS will decline at least -0.915% in a week (0% probabilities).
VIXM(-39%) UUP(-21%) VXX(-14%) TLT(-5%) SHY(-3%) |
| 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 | -0.915% (StdDev 1.83%) |
| Hourly BBV | 1.3 () |
| Intraday Trend | 2.1% |
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