(U.S. Global Jets ETF)
| JETS latest price $20.3500 (5.01%) ($19.7000 - $20.3850) on Wed. Mar. 16, 2022. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.93% (three month average) |
| RSI | 44 |
| Latest Price | $20.3500(5.01%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | JETS advances 1.8% a day on average for past five trading days. |
| Weekly Trend | JETS declines -5.2% 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%) IWM(75%) IDRV(74%) IWC(74%) |
| Factors Impacting JETS price | JETS will decline at least -1.465% in a week (0% probabilities).
VIXM(-32%) UUP(-20%) VXX(-8%) TBT(-5%) SHY(0%) |
| 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 | -1.465% (StdDev 2.93%) |
| Hourly BBV | 1.4 () |
| Intraday Trend | 2.8% |
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