(U.S. Global Jets ETF)
| JETS latest price $26.9600 (1.24%) ($26.6700 - $27.2500) on Thu. Mar. 11, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.86% (three month average) |
RSI | 69 |
Latest Price | $26.9600(1.24%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | JETS advances 0.9% a day on average for past five trading days. |
Weekly Trend | JETS advances 1% a week on average for past two weeks. |
Market Behavior | Growth stock 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(81%) IYT(76%) IWM(74%) IWN(74%) IWC(72%) |
Factors Impacting JETS price | JETS will decline at least -0.93% in a week (0% probabilities). VIXM(-39%) UUP(-21%) VXX(-14%) TLT(-5%) IGOV(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.93% (StdDev 1.86%) |
Hourly BBV | 0.9 () |
Intraday Trend | 0.2% |
| |
|
|