| PEJ latest price $49.1600 (-1.68%) ($47.7900 - $50.2700) on Thu. Mar. 4, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.42% (three month average) |
RSI | 73 |
Latest Price | $49.1600(-1.68%) |
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 4.4% 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 PEJ advance at 0% a week (0% probability) IWM(82%) IWN(80%) IWO(80%) JETS(80%) IWC(77%) |
Factors Impacting PEJ price | PEJ will decline at least -0.71% in a week (0% probabilities). VIXM(-46%) UUP(-24%) VXX(-14%) TLT(-3%) IGOV(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.71% (StdDev 1.42%) |
Hourly BBV | -1.5 () |
Intraday Trend | -1.7% |
| |
|
|