| PEIX latest price $6.8750 (-8.58%) ($6.8200 - $6.8750) on Wed. Jan. 27, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.52% (three month average) |
RSI | 63 |
Latest Price | $6.8750(-8.58%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PEIX advances 0.1% a day on average for past five trading days. |
Weekly Trend | PEIX advances 4.8% 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) UNG(20%) SKYY(28%) SIL(8%) SLV(-10%) REMX(14%) |
Factors Impacting PEIX price | PEIX will decline at least -3.26% in a week (0% probabilities). XRT(-31%) IDRV(60%) IWC(30%) IBB(128%) IWM(71%) |
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 | -3.26% (StdDev 6.52%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
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