(U.S. Global Jets ETF)
| JETS latest price $17.3300 (2.24%) ($16.8300 - $17.3700) on Tue. Oct. 25, 2022. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.15% (three month average) |
| RSI | 65 |
| Latest Price | $17.3300(2.24%) |
| 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 3.6% 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)
IYT(78%) PEJ(77%) IWC(74%) IWM(70%) IWN(70%) |
| Factors Impacting JETS price | JETS will decline at least -1.075% in a week (0% probabilities).
VIXM(-10%) SHY(-8%) VXX(-4%) UUP(-3%) TBT(-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 | -1.075% (StdDev 2.15%) |
| Hourly BBV | 1.8 () |
| Intraday Trend | 2.5% |
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