| PEJ latest price $37.2600 (2.53%) ($36.5500 - $37.3500) on Wed. Jan. 4, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.4% (three month average) |
RSI | 35 |
Latest Price | $37.2600(2.53%) |
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 -1.6% a week on average for past two weeks. |
Market Behavior | Value 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(80%) IWO(80%) IWN(78%) JETS(78%) IVE(77%) |
Factors Impacting PEJ price | PEJ will decline at least -0.7% in a week (0% probabilities). SHY(-15%) VIXM(-6%) BNDX(-6%) XME(-5%) XLP(-5%) |
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 | 1.6 () |
Intraday Trend | 1.9% |
| |
|
|