| PEIX latest price $6.7750 (-1.81%) ($6.7750 - $6.7750) on Fri. Jan. 29, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.21% (three month average) |
RSI | 60 |
Latest Price | $6.7750(-1.81%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PEIX advances 0.1% a day on average for past five trading days. |
Weekly Trend | PEIX advances 2.1% 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) SMH(87%) SKYY(22%) SIL(4%) SLV(-13%) UNG(41%) |
Factors Impacting PEIX price | PEIX will decline at least -3.105% in a week (0% probabilities). XRT(-31%) IWC(25%) IWM(53%) JETS(4%) LIT(57%) |
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 | -3.105% (StdDev 6.21%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
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