(U.S. Global Jets ETF)
| JETS latest price $16.1800 (-0.86%) ($15.8650 - $16.2750) on Wed. Oct. 5, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.21% (three month average) |
RSI | 37 |
Latest Price | $16.1800(-0.86%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | JETS advances 0.6% a day on average for past five trading days. |
Weekly Trend | JETS declines -4.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support JETS advance at 0% a week (0% probability) IYT(79%) PEJ(79%) IWC(75%) IWM(72%) IWN(72%) |
Factors Impacting JETS price | JETS will decline at least -1.105% in a week (0% probabilities). VIXM(-12%) UUP(-7%) TBT(-5%) SHY(-5%) VXX(-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 | -1.105% (StdDev 2.21%) |
Hourly BBV | 0.9 () |
Intraday Trend | 1.1% |
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