| PEJ latest price $41.7000 (-1%) ($41.5400 - $42.1800) on Thu. Feb. 16, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.1% (three month average) |
RSI | 55 |
Latest Price | $41.7000(-1%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | PEJ advances 0.1% a day on average for past five trading days. |
Weekly Trend | PEJ advances 0.2% 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 PEJ advance at 0% a week (0% probability) IWM(80%) IWO(80%) IVE(77%) IWN(77%) JETS(77%) |
Factors Impacting PEJ price | PEJ will decline at least -0.55% in a week (0% probabilities). VIXM(-49%) VXX(-22%) UUP(-21%) SHY(-19%) GLD(-11%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.55% (StdDev 1.1%) |
Hourly BBV | 0 () |
Intraday Trend | 0.1% |
| |
|
|