Trading Signals: PEJ Stock Price Prediction and Forecast

^ PEJ: Intraday Forecast Similar Waves Research Timing Gains Losses Strategies Practice

Wed. Sep. 13, 2006

Trading Signals: PEJ Stock Price Prediction and Forecast (Thu. Jun. 23, 2005 - Fri. Jan. 15, 2021)

(Invesco Dynamic Leisure and Entertainment ETF)
PEJ latest price $16.2800 (0.12%) ($16.2100 - $16.3100) on Wed. Sep. 13, 2006.

Trend Analysis and Forecast

Trend Pattern   Growing Uptrend
Trend Narrative   Breakout
Average Daily Price Swing   $0.36 (2.32% one month average)
Average Daily Percentage Swing   1.39% (three month average)
Weekly Trend Force   0.5% (StdDev 1.39%)
Daily Moving Force   0.2%
Correction Force   Weak (0%)
Trend   0.48%
Latest Price   $16.2800(0.12%)
Forecasted Low Price   16.23(-0.3%)
Forecasted High Price   16.44(1%)
Direction of Next Movement   Higher(0.7%)
% Change Needed to Confirm Correction   -100% (0)
% Change Needed for Trend Reversal   3.9%
Hourly Trend 0% [$0(0), $0(0)]
Stocks Behave Similarly   Similar Stock List
Complacency   0
Intraday Reversal Probability   N/A.
Daily Trend   PEJ advances 1% a day on average for past five trading days.
Weekly Trend   PEJ advances 2.6% a week on average for past two weeks.
Market Behavior   Normal for large cap. Normal for small cap.
Correlated ETFs   Broad market will support PEJ advance at 0% a week (86% probability)
XLY(85%)    IWM(84%)    SPY(80%)    QQQ(75%)    XLK(73%)
Factors Impacting PEJ price   PEJ will advance at least -0% in a week (24% probabilities).
TLT(-35%)    SHY(-23%)    TIP(-12%)    IPO(-8%)    ONLN(-7%)
Explanation The rally is not sustainable and not supported by the broad market.
Trading Plan   Buy the breakout

Valuation to SPY -0.9

Relative Volatility 1.7 (options are expensive)

Market Trend Strength   0.5% (StdDev 1.39%)
Hourly BBV 0 ()
Intraday Trend 0.1%

Next Hour Price   $16.28(0%)
Support Level   $15.5
5 Day Moving Average   $15.92(2.26%)
10 Day Moving Average   $15.77(3.23%)
20 Day Moving Average   $15.5(5.03%)
To recent high   0%
To recent low   12.8%
Market Cap   $N/A

Option Sentiment

$. Technical analysis works only if the market conditions in the future are not drastically different from the past. Always read market news to understand the causes of the price movement before making a trading decision. News

$. PEJ price fluctuates within 2.32% (three month std-dev: 1.39% one year average std_dev: 0%) daily (68% of days).
$. PEJ price fluctuates within 0% weekly (one year average std_dev: %).

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20061013

i	Date	ema20(Trend)	ema10(Trend)	ema5(Trend)	Slow Hourly Trend	Fast Hourly Trend	Close	ActualPriceRange	BBV	Hourly BBV	Daily Moving Force	Weekly Trend Force	Reversal Force	Trend	Trend Pattern	Next Direction	C	RSI	Scale	RV	VIXCD	Trend-Narrative	NextDay PriceTarget	NextDayPriceRange	Volume millions	To High-Low
1	Sep_13_2006	15.5 (0.9%)	15.77 (1.1%)	15.92 (1%)		(0%)	16.28(0.12%)	16.21-16.31	2(2.2)	0	0.2%	0.5%	0%	0.48%	Growing Uptrend	Higher(0.7%)	0	82	1.7	0	0	Breakout	16.44(0.96%)	16.14-16.56	0.32	0%-12.8%
2	Sep_12_2006	15.44 (0.9%)	15.68 (1.1%)	15.77 (0.7%)		(0%)	16.26(2.85%)	15.92-16.3	2.2(2.6)	0	0.1%	0.7%	-0.8%	0.42%	Growing Uptrend	Lower(-1.2%)	0	73	1.5	0	0	Breakout	16.37(0.68%)	16.12-16.48	0.11	0%-12.7%
3	Sep_11_2006	15.36 (0.9%)	15.57 (1%)	15.66 (0.1%)		(0%)	15.81(0.44%)	15.56-15.88	1.3(1.6)	0	%	0.5%	0%	0.36%	Growing Uptrend	Range(0.5%)	0	65	1.3	0	0	Growing Uptrend	15.91(0.66%)	15.74-15.96	0.03	-2.2%-9.6%
4	Sep_8_2006	15.3 (0.8%)	15.48 (0.7%)	15.64 (0.1%)		(0%)	15.74(1.61%)	15.56-15.74	1.2(1.4)	0	%	0.4%	0%	0.3%	Growing Uptrend	Range(0.4%)	0	59	1.5	0	0	Growing Uptrend	15.84(0.63%)	15.66-15.88	0.01	-2.6%-9.1%
5	Sep_7_2006	15.25 (0.7%)	15.42 (0.6%)	15.62 (0.1%)		(0%)	15.49(-0.45%)	15.41-15.58	0.6(0.8)	0	%	0.3%	0%	0.26%	Growing Uptrend	Range(0.5%)	0	52	1.5	0	0	Uptrend	15.57(0.51%)	15.45-15.62	0.01	-4.1%-7.3%

6	Sep_6_2006	15.2 (0.6%)	15.37 (0.5%)	15.6 (0.2%)		(0%)	15.56(-1.02%)	15.53-15.62	0.9(1)	0	%	0.2%	0%	0.24%	Growing Uptrend	Higher(0.7%)	0	61	1.7	0	0	After Top	15.58(0.12%)	15.37-15.75	0.01	-3.7%-7.8%
7	Sep_5_2006	15.15 (0.6%)	15.34 (0.5%)	15.57 (0.8%)		(0%)	15.72(0.13%)	15.68-15.76	1.5(1.6)	0	0.2%	0.3%	0%	0.24%	Growing Uptrend	Range(0.5%)	0	70	1.7	0	0	Uptrend	15.79(0.47%)	15.62-15.87	0.01	-2.7%-8.9%
8	Sep_1_2006	15.11 (0.6%)	15.29 (0.5%)	15.45 (1%)		(0%)	15.7(0.58%)	15.64-15.77	1.6(1.7)	0	0.2%	0.3%	0%	0.22%	Growing Uptrend	Range(0.5%)	0	75	1.6	0	0	Uptrend	15.77(0.43%)	15.59-15.84	0.02	-2.8%-8.8%
9	Aug_31_2006	15.06 (0.5%)	15.26 (0.5%)	15.3 (0.7%)		(0%)	15.61(1.23%)	15.55-15.64	1.7(1.8)	0	0.1%	0.2%	0%	0.2%	Growing Uptrend	Range(0.3%)	0	76	1.5	0	0	Uptrend	15.66(0.3%)	15.51-15.72	0.01	-3.4%-8.2%
10	Aug_30_2006	15.02 (0.5%)	15.23 (0.5%)	15.19 (0.5%)		(0%)	15.42(0.26%)	15.36-15.45	1.3(1.4)	0	0.1%	0.2%	0%	0.2%	Growing Uptrend	Range(0.3%)	0	75	1.4	0	0	Uptrend	15.47(0.33%)	15.35-15.52	0.01	-4.6%-6.9%

11	Aug_29_2006	14.99 (0.4%)	15.21 (0.7%)	15.11 (0.1%)		(0%)	15.38(1.52%)	15.21-15.38	1.2(1.3)	0	%	0.2%	0%	0.22%	Growing Uptrend	Range(0.2%)	0	77	1.4	0	0	Uptrend	15.42(0.26%)	15.31-15.47	0.01	-4.8%-6.6%
12	Aug_28_2006	14.94 (0.3%)	15.17 (0.7%)	15.09 (-0.1%)		(0%)	15.15(1.41%)	15-15.19	0.6(0.8)	0	%	0.2%	0%	0.22%	Uptrend Consolidation	Range(0.2%)	0	62	1.4	0	0	Uptrend	15.2(0.32%)	15.11-15.24	0.01	-6.3%-5%
13	Aug_25_2006	14.92 (0.2%)	15.14 (0.8%)	15.11 (-0.6%)		(0%)	14.94(-0.73%)	14.89-15.07	0(0.1)	0	-0.1%	0.1%	0%	0.24%	Uptrend Consolidation	Range(0.4%)	0	56	1.4	0	0	Uptrend	15(0.39%)	14.94-15.02	0.01	-7.5%-3.5%
14	Aug_24_2006	14.91 (0.3%)	15.11 (0.9%)	15.2 (-0.5%)		(0%)	15.05(0%)	14.97-15.06	0.4(0.5)	0	-0.1%	0.2%	0%	0.28%	Uptrend Consolidation	Range(0.1%)	0	57	1.4	0	0	Uptrend	15.11(0.42%)	15.02-15.15	0	-6.9%-4.3%
15	Aug_23_2006	14.88 (0.3%)	15.07 (1%)	15.27 (-0.3%)		(0%)	15.05(-1.25%)	15.01-15.29	0.4(0.6)	0	-0.1%	0.3%	0%	0.3%	Uptrend Consolidation	Higher(0.8%)	0	55	1.4	0	0	Uptrend	15.13(0.5%)	15.03-15.17	0.01	-6.9%-4.3%

16	Aug_22_2006	14.88 (0.3%)	15.02 (0.9%)	15.31 (0.3%)		(0%)	15.24(-0.26%)	15.19-15.32	1.1(1.2)	0	0.1%	0.3%	0%	0.3%	Growing Uptrend	Range(0.5%)	0	62	1.5	0	0	Uptrend	15.31(0.43%)	15.17-15.36	0.01	-5.7%-5.6%
17	Aug_21_2006	14.87 (0.3%)	14.96 (1%)	15.27 (0.7%)		(0%)	15.28(-0.71%)	15.2-15.29	1.3(1.4)	0	0.1%	0.3%	0%	0.3%	Growing Uptrend	Higher(0.8%)	0	71	1.4	0	0	Growing Uptrend	15.37(0.6%)	15.21-15.41	0.02	-5.4%-5.9%
18	Aug_18_2006	14.85 (0.2%)	14.91 (0.8%)	15.16 (1%)		(0%)	15.39(-0.13%)	15.25-15.41	1.7(1.9)	0	0.2%	0.4%	0%	0.24%	Growing Uptrend	Higher(0.7%)	0	66	1.4	0	0	Growing Uptrend	15.46(0.48%)	15.3-15.51	0.02	-4.8%-6.7%
19	Aug_17_2006	14.82 (0.1%)	14.85 (0.7%)	15.01 (1.2%)		(0%)	15.41(1.31%)	15.25-15.49	2.2(2.4)	0	0.2%	0.3%	-0.6%	0.16%	Growing Uptrend	Lower(-1%)	0	65	1.2	0	0	Breakout	15.43(0.14%)	15.3-15.49	0.03	-4.7%-6.8%
20	Aug_16_2006	14.82 (-0.1%)	14.79 (0.5%)	14.84 (1%)		(0%)	15.21(1.13%)	15.11-15.23	1.6(1.8)	0	0.2%	0.2%	0%	0.1%	Growing Uptrend	Range(0.4%)	0	67	1.2	0	0	Uptrend Reversal	15.29(0.52%)	15.22-15.33	0.02	-6.7%-5.4%

21	Aug_15_2006	14.79 (-0.4%)	14.74 (0.1%)	14.69 (0.5%)		(0%)	15.04(1.9%)	14.89-15.04	0.9(1.1)	0	0.1%	0.3%	0%	-0.02%	N/A	Range(0.4%)	0	53	1.1	0	0	Rebound	14.93(-0.73%)	15.04-14.88	0.03	-8.1%-4.2%
22	Aug_14_2006	14.78 (-0.6%)	14.69 (-0.4%)	14.69 (0%)		(0%)	14.76(0.96%)	14.76-14.93	-0.1(-0.1)	0	%	0%	0%	-0.14%	N/A	Range(0%)	0	39	1.1	0	0	Rebound	14.76(0.01%)	14.72-14.78	0	-9.8%-2.3%
23	Aug_11_2006	14.79 (-0.8%)	14.68 (-0.6%)	14.62 (-0.3%)		(0%)	14.62(0.21%)	14.6-14.65	-0.7(-0.8)	0	-0.1%	-0.1%	0%	-0.18%	Growing Downtrend	Range(-0.2%)	0	40	1.1	0	0	Downtrend	14.58(-0.26%)	14.55-14.65	0	-11.3%-1.3%
24	Aug_10_2006	14.8 (-0.9%)	14.69 (-0.5%)	14.67 (-0.3%)		(0%)	14.59(1.11%)	14.39-14.66	-1(-1)	0	-0.1%	-0%	0%	-0.18%	N/A	Range(-0.1%)	0	49	1.1	0	0	After Bottom	14.62(0.19%)	14.49-14.72	0	-13.1%-1.1%
25	Aug_9_2006	14.82 (-0.9%)	14.68 (-0.4%)	14.72 (-0.5%)		(0%)	14.43(-1.84%)	14.43-14.69	-1.4(-1.6)	0	-0.1%	-0.3%	0%	-0.2%	Growing Downtrend	Range(0.5%)	0	42	1.3	0	0	Downtrend	14.39(-0.27%)	14.34-14.5	0.03	-14.3%-0%
i	Date	ema20(Trend)	ema10(Trend)	ema5(Trend)	Slow Hourly Trend	Fast Hourly Trend	Close	ActualPriceRange	BBV	Hourly BBV	Daily Moving Force	Weekly Trend Force	Reversal Force	Trend	Trend Pattern	Next Direction	C	RSI	Scale	RV	VIXCD	Trend-Narrative	NextDay PriceTarget	NextDayPriceRange	Volume millions	To High-Low

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