(U.S. Global Jets ETF)
| JETS latest price $18.0350 (4.13%) ($17.6310 - $18.0900) on Mon. Dec. 4, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.73% (three month average) |
RSI | 80 |
Latest Price | $18.0350(4.13%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | JETS advances 1.7% a day on average for past five trading days. |
Weekly Trend | JETS advances 2.2% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support JETS advance at 0% a week (0% probability) IYT(88%) XRT(68%) IWC(65%) XLI(64%) SDY(63%) |
Factors Impacting JETS price | JETS will decline at least -0.865% in a week (0% probabilities). EDOC(-59%) VXX(-38%) VIXM(-35%) SHY(-35%) CEMB(-34%) |
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 | -0.865% (StdDev 1.73%) |
Hourly BBV | 1.3 () |
Intraday Trend | 1.6% |
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