| PEJ latest price $33.0900 (3.8%) ($32.9150 - $33.6500) on Fri. Jun. 5, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.38% (three month average) |
RSI | 88 |
Latest Price | $33.0900(3.8%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | PEJ advances 2% a day on average for past five trading days. |
Weekly Trend | PEJ advances 6.6% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support PEJ advance at 0% a week (0% probability) IWM(82%) IWN(81%) JETS(79%) IWO(77%) IWC(76%) |
Factors Impacting PEJ price | PEJ will decline at least -2.69% in a week (0% probabilities). VIXM(-48%) UUP(-24%) VXX(-17%) TLT(-9%) SHY(0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.69% (StdDev 5.38%) |
Hourly BBV | 1 () |
Intraday Trend | -1.6% |
| |
|
|