| PEIX latest price $7.3450 (-8.19%) ($7.2800 - $8.1400) on Wed. Sep. 23, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 10.92% (three month average) |
RSI | 75 |
Latest Price | $7.3450(-8.19%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PEIX advances 3.7% a day on average for past five trading days. |
Weekly Trend | PEIX advances 32.4% 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 PEIX advance at 0% a week (0% probability) VCIT(81%) LQD(36%) VIXM(20%) TIP(78%) TLT(43%) |
Factors Impacting PEIX price | PEIX will decline at least -5.46% in a week (0% probabilities). TBT(-29%) URA(-26%) XME(-20%) SIL(-17%) GDX(-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 | -5.46% (StdDev 10.92%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
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