| PEJ latest price $38.7400 (0.41%) ($38.6400 - $39.2200) on Tue. Nov. 1, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.68% (three month average) |
RSI | 82 |
Latest Price | $38.7400(0.41%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | PEJ advances 0.4% a day on average for past five trading days. |
Weekly Trend | PEJ advances 3% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support PEJ advance at 0% a week (0% probability) IWM(82%) IWO(82%) IWN(80%) IVE(79%) IWD(79%) |
Factors Impacting PEJ price | PEJ will decline at least -0.84% in a week (0% probabilities). VIXM(-12%) UUP(-7%) SHY(-7%) TBT(-6%) VXX(0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.84% (StdDev 1.68%) |
Hourly BBV | 0.7 () |
Intraday Trend | -0.5% |
| |
|
|