| PEIX latest price $8.9100 (1.48%) ($8.6800 - $9.1900) on Thu. Oct. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 11.12% (three month average) |
RSI | 64 |
Latest Price | $8.9100(1.48%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PEIX advances 2.7% a day on average for past five trading days. |
Weekly Trend | PEIX advances 7.9% 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) VFMO(45%) ACES(43%) FIVG(43%) TAN(45%) BWX(51%) |
Factors Impacting PEIX price | PEIX will decline at least -5.56% in a week (0% probabilities). UUP(-40%) VXX(-22%) 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 | -5.56% (StdDev 11.12%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
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