| PEJ latest price $32.4700 (1.5%) ($32.2000 - $32.5300) on Wed. Oct. 7, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.34% (three month average) |
RSI | 38 |
Latest Price | $32.4700(1.5%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | PEJ advances 0.2% a day on average for past five trading days. |
Weekly Trend | PEJ declines -0.3% 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(80%) JETS(80%) IWO(78%) IWC(76%) |
Factors Impacting PEJ price | PEJ will decline at least -0.67% in a week (0% probabilities). VIXM(-47%) UUP(-24%) VXX(-16%) EDOC(-8%) TLT(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.67% (StdDev 1.34%) |
Hourly BBV | 0.7 () |
Intraday Trend | 0.3% |
| |
|
|