(U.S. Global Jets ETF)
| JETS latest price $15.6700 (-1.69%) ($15.5550 - $16.0500) on Mon. Nov. 6, 2023. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.43% (three month average) |
| RSI | 40 |
| Latest Price | $15.6700(-1.69%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | JETS advances 0.9% a day on average for past five trading days. |
| Weekly Trend | JETS declines -0.2% a week on average for past two weeks. |
| Market Behavior | Growth stock rally 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(83%) IWC(79%) XRT(77%) IBUY(74%) PEJ(74%) |
| Factors Impacting JETS price | JETS will decline at least -0.715% in a week (0% probabilities).
VXX(-34%) VIXM(-27%) UUP(-24%) TBT(-23%) EDOC(2%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.715% (StdDev 1.43%) |
| Hourly BBV | 0.1 () |
| Intraday Trend | -1.9% |
| | |
| |
|