| PIC latest price $12.5200 (-1.88%) ($12.1500 - $13.5500) on Wed. Sep. 23, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.31% (three month average) |
RSI | 82 |
Latest Price | $12.5200(-1.88%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PIC advances 3.2% a day on average for past five trading days. |
Weekly Trend | PIC advances 10.1% 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 PIC advance at 0% a week (0% probability) BWX(32%) REMX(21%) EWY(19%) KWEB(16%) VXX(11%) |
Factors Impacting PIC price | PIC will decline at least -1.155% in a week (0% probabilities). XLU(-21%) INDA(-18%) PCY(-17%) BLOK(-17%) XLRE(-16%) |
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 | -1.155% (StdDev 2.31%) |
Hourly BBV | 0 () |
Intraday Trend | -6.6% |
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