| PEJ latest price $50.0300 (0.3%) ($49.7500 - $50.5800) on Tue. Mar. 2, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.4% (three month average) |
RSI | 79 |
Latest Price | $50.0300(0.3%) |
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 4.1% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support PEJ advance at 0% a week (0% probability) IWM(81%) IWN(80%) JETS(80%) IWO(79%) IWC(76%) |
Factors Impacting PEJ price | PEJ will decline at least -0.7% in a week (0% probabilities). VIXM(-46%) UUP(-24%) VXX(-14%) TLT(-3%) IGOV(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.7% (StdDev 1.4%) |
Hourly BBV | 0.9 () |
Intraday Trend | 0.1% |
| |
|
|