| PEIX latest price $10.8200 (6.71%) ($10.1500 - $11.0000) on Mon. Oct. 19, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 11.15% (three month average) |
RSI | 73 |
Latest Price | $10.8200(6.71%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PEIX advances 5.3% a day on average for past five trading days. |
Weekly Trend | PEIX advances 12.5% 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) FIVG(43%) ACES(42%) URA(46%) BWX(58%) IBUY(46%) |
Factors Impacting PEIX price | PEIX will decline at least -5.575% in a week (0% probabilities). UUP(-35%) VXX(-19%) VIXM(-19%) DRIV(-14%) IGOV(-13%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -5.575% (StdDev 11.15%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
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