(U.S. Global Jets ETF)
| JETS latest price $22.4900 (4.12%) ($21.7350 - $22.5000) on Tue. Feb. 8, 2022. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.26% (three month average) |
| RSI | 58 |
| Latest Price | $22.4900(4.12%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | JETS advances 0.8% a day on average for past five trading days. |
| Weekly Trend | JETS advances 1.3% 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(84%) IYT(80%) IDRV(75%) IWM(75%) IWC(74%) |
| Factors Impacting JETS price | JETS will decline at least -1.13% 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 | -1.13% (StdDev 2.26%) |
| Hourly BBV | 1.5 () |
| Intraday Trend | 3.2% |
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