| PEIX latest price $21.4300 (-0.74%) ($21.0600 - $21.7000) on Wed. Aug. 20, 2014. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.49% (three month average) |
RSI | 79 |
Latest Price | $21.4300(-0.74%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PEIX advances 1.3% a day on average for past five trading days. |
Weekly Trend | PEIX advances 6% 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(19%) IWM(18%) |
Factors Impacting PEIX price | PEIX will decline at least -1.245% in a week (0% probabilities). VIXM(-15%) TLT(-11%) LQD(-5%) IGOV(-5%) SHY(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.245% (StdDev 2.49%) |
Hourly BBV | 0 () |
Intraday Trend | -0.8% |
| |
|
|