(U.S. Global Jets ETF)
| JETS latest price $20.0500 (5.14%) ($19.3200 - $20.2000) on Thu. May. 26, 2022. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 3.16% (three month average) |
| RSI | 47 |
| Latest Price | $20.0500(5.14%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | JETS advances 0.5% a day on average for past five trading days. |
| Weekly Trend | JETS advances 0.3% 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(83%) IYT(81%) IWC(78%) IWM(76%) IWN(75%) |
| Factors Impacting JETS price | JETS will decline at least -1.58% in a week (0% probabilities).
VIXM(-25%) UUP(-17%) VXX(-6%) TBT(-5%) SHY(3%) |
| 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 | -1.58% (StdDev 3.16%) |
| Hourly BBV | 1.4 () |
| Intraday Trend | 3.8% |
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