| PEIX latest price $11.6500 (5.24%) ($10.7900 - $11.6500) on Fri. May. 16, 2014. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 9.99% (three month average) |
RSI | 39 |
Latest Price | $11.6500(5.24%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PEIX advances 1.8% a day on average for past five trading days. |
Weekly Trend | PEIX declines -11% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support PEIX advance at 0% a week (0% probability) XOP(25%) OIH(24%) XLE(24%) XLB(20%) IWM(19%) |
Factors Impacting PEIX price | PEIX will decline at least -4.995% in a week (0% probabilities). TLT(-11%) LQD(-5%) SHY(-4%) IGOV(-4%) TIP(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -4.995% (StdDev 9.99%) |
Hourly BBV | 0 () |
Intraday Trend | 5.8% |
| |
|
|