| PEIX latest price $8.5100 (1.31%) ($8.0000 - $9.0200) on Tue. Oct. 6, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 11.15% (three month average) |
RSI | 70 |
Latest Price | $8.5100(1.31%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PEIX advances 1.7% a day on average for past five trading days. |
Weekly Trend | PEIX advances 6.9% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Normal 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 -5.575% in a week (0% probabilities). VXX(-22%) UUP(-39%) 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 | -5.575% (StdDev 11.15%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
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