| PEIX latest price $7.2900 (8.24%) ($6.8000 - $7.2900) on Wed. Jan. 13, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.75% (three month average) |
RSI | 62 |
Latest Price | $7.2900(8.24%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PEIX advances 3.8% a day on average for past five trading days. |
Weekly Trend | PEIX advances 4.1% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support PEIX advance at 0% a week (0% probability) VWO(95%) TAN(63%) VFMO(40%) VT(32%) XAR(29%) |
Factors Impacting PEIX price | PEIX will decline at least -3.375% in a week (0% probabilities). XRT(-18%) IDRV(52%) ICLN(63%) INDA(9%) IPO(102%) |
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 | -3.375% (StdDev 6.75%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
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