| PEJ latest price $34.4600 (7.02%) ($34.4400 - $37.5100) on Mon. Nov. 9, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.6% (three month average) |
RSI | 62 |
Latest Price | $34.4600(7.02%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | PEJ advances 2.6% a day on average for past five trading days. |
Weekly Trend | PEJ advances 0.7% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support PEJ advance at 0% a week (0% probability) IWM(82%) IWN(80%) JETS(80%) IWO(78%) IWC(76%) |
Factors Impacting PEJ price | PEJ will decline at least -0.8% in a week (0% probabilities). VIXM(-46%) UUP(-24%) VXX(-15%) EDOC(-9%) TLT(-6%) |
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 | -0.8% (StdDev 1.6%) |
Hourly BBV | 1.3 () |
Intraday Trend | -6% |
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