(U.S. Global Jets ETF)
| JETS latest price $20.9800 (2.54%) ($20.5500 - $21.0300) on Mon. Apr. 22, 2024. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.38% (three month average) |
| RSI | 56 |
| Latest Price | $20.9800(2.54%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | JETS advances 1.6% a day on average for past five trading days. |
| Weekly Trend | JETS advances 0.3% 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)
XLE(44%) IVE(41%) TAN(41%) TLT(40%) DIA(38%) |
| Factors Impacting JETS price | JETS will decline at least -0.69% in a week (0% probabilities).
UUP(-44%) VXX(-42%) VIXM(-41%) GLD(-6%) SMH(3%) |
| 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 | -0.69% (StdDev 1.38%) |
| Hourly BBV | 2 () |
| Intraday Trend | 2.1% |
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