(U.S. Global Jets ETF)
| JETS latest price $19.0800 (1.71%) ($18.6450 - $19.1200) on Tue. Jun. 6, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.64% (three month average) |
| RSI | 71 |
| Latest Price | $19.0800(1.71%) |
| 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 0.8% a week on average for past two weeks. |
| Market Behavior | Value stock 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(79%) PEJ(78%) IWC(72%) IDRV(70%) XRT(70%) |
| Factors Impacting JETS price | JETS will decline at least -0.82% in a week (0% probabilities).
VXX(-43%) VIXM(-39%) TBT(-29%) UUP(-26%) USO(-11%) |
| 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 | -0.82% (StdDev 1.64%) |
| Hourly BBV | 1.7 () |
| Intraday Trend | 1.8% |
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