| PEJ latest price $35.7300 (0.03%) ($35.4000 - $35.8950) on Wed. Nov. 1, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.05% (three month average) |
RSI | 37 |
Latest Price | $35.7300(0.03%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | PEJ advances 0.2% a day on average for past five trading days. |
Weekly Trend | PEJ declines -2% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support PEJ advance at 0% a week (0% probability) IVW(99%) IWO(88%) IBUY(87%) IWM(87%) SPY(87%) |
Factors Impacting PEJ price | PEJ will decline at least -0.525% in a week (0% probabilities). VXX(-39%) UUP(-30%) VIXM(-26%) TBT(-26%) GLD(5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.525% (StdDev 1.05%) |
Hourly BBV | 0.5 () |
Intraday Trend | -0.2% |
| |
|
|