(U.S. Global Jets ETF)
| JETS latest price $20.1600 (1.56%) ($19.8100 - $20.1800) on Thu. Jun. 2, 2022. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 3.1% (three month average) |
| RSI | 64 |
| Latest Price | $20.1600(1.56%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | JETS advances 1.1% a day on average for past five trading days. |
| Weekly Trend | JETS advances 2.6% 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(77%) IWM(75%) IWN(75%) |
| Factors Impacting JETS price | JETS will decline at least -1.55% in a week (0% probabilities).
VIXM(-25%) UUP(-16%) TBT(-7%) VXX(-6%) UNG(4%) |
| 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 | -1.55% (StdDev 3.1%) |
| Hourly BBV | -0.1 () |
| Intraday Trend | -0.5% |
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