| PEJ latest price $33.5700 (2.41%) ($33.0000 - $33.7100) on Thu. Aug. 27, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.87% (three month average) |
RSI | 82 |
Latest Price | $33.5700(2.41%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | PEJ advances 0.9% a day on average for past five trading days. |
Weekly Trend | PEJ advances 2% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support PEJ advance at 0% a week (0% probability) IWM(82%) IWN(80%) JETS(80%) IWO(78%) IWC(76%) |
Factors Impacting PEJ price | PEJ will decline at least -0.935% in a week (0% probabilities). VIXM(-46%) UUP(-24%) VXX(-16%) TLT(-7%) EDOC(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.935% (StdDev 1.87%) |
Hourly BBV | 1.8 () |
Intraday Trend | 1.7% |
| |
|
|