(U.S. Global Jets ETF)
| JETS latest price $20.5700 (0.1%) ($20.5150 - $20.7000) on Fri. Jun. 16, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.43% (three month average) |
RSI | 97 |
Latest Price | $20.5700(0.1%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | JETS advances 1.3% a day on average for past five trading days. |
Weekly Trend | JETS advances 5.1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support JETS advance at 0% a week (0% probability) IYT(79%) PEJ(79%) IWC(72%) IBUY(70%) XRT(70%) |
Factors Impacting JETS price | JETS will decline at least -0.715% in a week (0% probabilities). VXX(-43%) VIXM(-39%) TBT(-30%) UUP(-28%) EDOC(-15%) |
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 | -0.715% (StdDev 1.43%) |
Hourly BBV | 1.1 () |
Intraday Trend | -0.4% |
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