(U.S. Global Jets ETF)
| JETS latest price $18.3300 (0.49%) ($18.1420 - $18.4100) on Thu. Aug. 4, 2022. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.7% (three month average) |
| RSI | 66 |
| Latest Price | $18.3300(0.49%) |
| 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 1.4% a week on average for past two weeks. |
| Market Behavior | Value stocks sell-off for large cap. Normal for small cap. |
| Correlated ETFs | Broad market will support JETS advance at 0% a week (0% probability)
IYT(81%) PEJ(81%) IWC(77%) IWM(74%) IWN(74%) |
| Factors Impacting JETS price | JETS will decline at least -1.35% in a week (0% probabilities).
VIXM(-18%) UUP(-14%) TBT(-9%) VXX(-5%) EDOC(-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 | -1.35% (StdDev 2.7%) |
| Hourly BBV | 1.1 () |
| Intraday Trend | 0.3% |
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