| PEIX latest price $6.4750 (4.18%) ($6.4750 - $6.4750) on Wed. Dec. 23, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.24% (three month average) |
RSI | 56 |
Latest Price | $6.4750(4.18%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PEIX advances 1.5% a day on average for past five trading days. |
Weekly Trend | PEIX declines -0.7% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support PEIX advance at 0% a week (0% probability) XBI(59%) ACES(39%) VFMO(39%) VWO(39%) XAR(38%) |
Factors Impacting PEIX price | PEIX will decline at least -3.62% in a week (0% probabilities). XRT(-7%) IFRA(13%) INDA(-2%) IYT(14%) JETS(16%) |
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 | -3.62% (StdDev 7.24%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
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