| PEIX latest price $8.4000 (12.3%) ($7.7300 - $8.6200) on Mon. Oct. 5, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 11.2% (three month average) |
RSI | 76 |
Latest Price | $8.4000(12.3%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PEIX advances 4.7% a day on average for past five trading days. |
Weekly Trend | PEIX advances 10.6% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support PEIX advance at 0% a week (0% probability) BWX(49%) VFMO(45%) TAN(44%) IBUY(46%) ACES(43%) |
Factors Impacting PEIX price | PEIX will decline at least -5.6% in a week (0% probabilities). VXX(-22%) UUP(-40%) VIXM(-17%) UNG(-9%) TBT(-8%) |
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 | -5.6% (StdDev 11.2%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
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