| PEJ latest price $42.5800 (-1.21%) ($42.5000 - $42.9500) on Fri. Jul. 14, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.06% (three month average) |
RSI | 73 |
Latest Price | $42.5800(-1.21%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | PEJ advances 0.5% a day on average for past five trading days. |
Weekly Trend | PEJ advances 2% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth 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(84%) IWO(84%) IWN(81%) IVE(79%) IYT(79%) |
Factors Impacting PEJ price | PEJ will decline at least -0.53% in a week (0% probabilities). VXX(-55%) VIXM(-51%) UUP(-33%) TBT(-32%) USO(-5%) |
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 | -0.53% (StdDev 1.06%) |
Hourly BBV | -1.4 () |
Intraday Trend | -0.9% |
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