(U.S. Global Jets ETF)
| JETS latest price $19.2200 (3.06%) ($18.8850 - $19.3200) on Thu. Jan. 25, 2024. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.88% (three month average) |
| RSI | 59 |
| Latest Price | $19.2200(3.06%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | JETS advances 1.1% a day on average for past five trading days. |
| Weekly Trend | JETS declines -0.8% a week on average for past two weeks. |
| Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
| Correlated ETFs | Broad market will support JETS advance at 0% a week (0% probability)
IVE(60%) IWN(56%) IWM(55%) TAN(54%) DIA(53%) |
| Factors Impacting JETS price | JETS will decline at least -0.94% in a week (0% probabilities).
VXX(-41%) VIXM(-41%) UUP(-39%) SMH(22%) GLD(25%) |
| 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 | -0.94% (StdDev 1.88%) |
| Hourly BBV | 1.4 () |
| Intraday Trend | 1.6% |
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