| PEJ latest price $38.8000 (1.44%) ($38.2200 - $38.8880) on Wed. Jul. 20, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.35% (three month average) |
RSI | 63 |
Latest Price | $38.8000(1.44%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | PEJ advances 1.2% a day on average for past five trading days. |
Weekly Trend | PEJ advances 0.9% a week on average for past two weeks. |
Market Behavior | Growth stock 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(85%) IWO(84%) IWN(83%) IWD(82%) IVE(81%) |
Factors Impacting PEJ price | PEJ will decline at least -1.175% in a week (0% probabilities). VIXM(-24%) UUP(-24%) TBT(-9%) VXX(-2%) SHY(4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.175% (StdDev 2.35%) |
Hourly BBV | 1.4 () |
Intraday Trend | 1.5% |
| |
|
|