(U.S. Global Jets ETF)
| JETS latest price $18.2900 (-0.6%) ($18.2800 - $18.6700) on Tue. May. 23, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.61% (three month average) |
RSI | 54 |
Latest Price | $18.2900(-0.6%) |
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 1.5% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support JETS advance at 0% a week (0% probability) IYT(80%) PEJ(77%) IWC(72%) PAVE(69%) XRT(69%) |
Factors Impacting JETS price | JETS will decline at least -0.805% in a week (0% probabilities). VXX(-45%) VIXM(-41%) TBT(-28%) UUP(-26%) USO(-8%) |
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 | -0.805% (StdDev 1.61%) |
Hourly BBV | -1.7 () |
Intraday Trend | 0.1% |
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