| PEJ latest price $35.4000 (-2.14%) ($35.2500 - $35.8500) on Fri. Oct. 7, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.75% (three month average) |
RSI | 31 |
Latest Price | $35.4000(-2.14%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | PEJ advances 0.4% a day on average for past five trading days. |
Weekly Trend | PEJ declines -1.4% 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(83%) IWO(83%) IWD(81%) IWN(81%) IVE(80%) |
Factors Impacting PEJ price | PEJ will decline at least -0.875% in a week (0% probabilities). VIXM(-15%) UUP(-14%) TBT(-8%) SHY(-2%) VXX(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.875% (StdDev 1.75%) |
Hourly BBV | -1.4 () |
Intraday Trend | -1% |
| |
|
|