| PEIX latest price $6.0850 (-1.93%) ($6.0850 - $6.0850) on Wed. Jan. 6, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.7% (three month average) |
RSI | 48 |
Latest Price | $6.0850(-1.93%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PEIX advances 1.4% a day on average for past five trading days. |
Weekly Trend | PEIX declines -1.9% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support PEIX advance at 0% a week (0% probability) ACES(65%) VWO(56%) VFMO(47%) SMH(43%) REMX(38%) |
Factors Impacting PEIX price | PEIX will decline at least -3.35% in a week (0% probabilities). XRT(-9%) JETS(16%) IYT(25%) IWN(25%) IWM(33%) |
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 | -3.35% (StdDev 6.7%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
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