| PEIX latest price $6.1000 (1.24%) ($5.5100 - $6.2300) on Thu. Sep. 17, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 10.85% (three month average) |
RSI | 76 |
Latest Price | $6.1000(1.24%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PEIX advances 6% a day on average for past five trading days. |
Weekly Trend | PEIX advances 14.4% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support PEIX advance at 0% a week (0% probability) VCIT(39%) SMH(29%) HYG(27%) JNK(26%) BOTZ(25%) |
Factors Impacting PEIX price | PEIX will decline at least -5.425% in a week (0% probabilities). XOP(2%) BLOK(2%) TBT(3%) VXX(-26%) VIXM(-21%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | |
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Market Trend Strength | -5.425% (StdDev 10.85%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
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