| PEIX latest price $8.0000 (3.9%) ($7.5900 - $8.4700) on Tue. Sep. 22, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 10.83% (three month average) |
RSI | 81 |
Latest Price | $8.0000(3.9%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PEIX advances 10.3% a day on average for past five trading days. |
Weekly Trend | PEIX advances 31.6% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support PEIX advance at 0% a week (0% probability) VCIT(81%) LQD(36%) VIXM(20%) TIP(78%) TLT(40%) |
Factors Impacting PEIX price | PEIX will decline at least -5.415% in a week (0% probabilities). TBT(-29%) URA(-26%) XME(-20%) SIL(-17%) EWJ(-16%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | |
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Market Trend Strength | -5.415% (StdDev 10.83%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
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