(U.S. Global Jets ETF)
| JETS latest price $19.5100 (-3.42%) ($19.4200 - $20.2450) on Wed. May. 18, 2022. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 3.11% (three month average) |
| RSI | 33 |
| Latest Price | $19.5100(-3.42%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | JETS advances 0.7% a day on average for past five trading days. |
| Weekly Trend | JETS declines -5.4% 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(81%) IWC(78%) IWM(76%) IWN(76%) |
| Factors Impacting JETS price | JETS will decline at least -1.555% in a week (0% probabilities).
VIXM(-27%) UUP(-17%) VXX(-6%) TBT(-3%) SHY(1%) |
| 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 | -1.555% (StdDev 3.11%) |
| Hourly BBV | -0.5 () |
| Intraday Trend | -2.2% |
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