(U.S. Global Jets ETF)
| JETS latest price $21.7100 (-1.72%) ($21.6650 - $22.3100) on Wed. Jan. 5, 2022. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.22% (three month average) |
| RSI | 69 |
| Latest Price | $21.7100(-1.72%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | JETS advances 0.6% a day on average for past five trading days. |
| Weekly Trend | JETS advances 3.2% a week on average for past two weeks. |
| Market Behavior | Broad based 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)
PEJ(84%) IYT(79%) IDRV(75%) IWM(74%) IWC(73%) |
| Factors Impacting JETS price | JETS will decline at least -1.11% in a week (0% probabilities).
VIXM(-36%) UUP(-21%) VXX(-10%) USO(-2%) SHY(-2%) |
| 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 | -1.11% (StdDev 2.22%) |
| Hourly BBV | -1.3 () |
| Intraday Trend | -1.8% |
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