| PEIX latest price $5.8900 (4.53%) ($5.7600 - $6.5500) on Fri. Nov. 20, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.83% (three month average) |
RSI | 50 |
Latest Price | $5.8900(4.53%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PEIX advances 0.5% a day on average for past five trading days. |
Weekly Trend | PEIX declines -4.9% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support PEIX advance at 0% a week (0% probability) ONLN(54%) XLE(75%) XOP(69%) IBUY(56%) JNK(53%) |
Factors Impacting PEIX price | PEIX will decline at least -4.415% in a week (0% probabilities). TBT(-82%) UUP(-35%) VIXM(-26%) VXX(-23%) GLD(-11%) |
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 | -4.415% (StdDev 8.83%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
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