| PEIX latest price $6.9250 (-6.48%) ($6.9250 - $6.9250) on Fri. Jan. 15, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.74% (three month average) |
RSI | 62 |
Latest Price | $6.9250(-6.48%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PEIX advances 2.1% a day on average for past five trading days. |
Weekly Trend | PEIX advances 9.9% 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) PEJ(37%) REMX(18%) UNG(4%) VFMO(68%) TAN(34%) |
Factors Impacting PEIX price | PEIX will decline at least -3.37% in a week (0% probabilities). GLD(-8%) INDA(9%) EWI(11%) GDX(16%) GDXJ(18%) |
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 | -3.37% (StdDev 6.74%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
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