| PIC latest price $11.3200 (-9.58%) ($10.8700 - $12.1200) on Thu. Sep. 24, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.62% (three month average) |
RSI | 65 |
Latest Price | $11.3200(-9.58%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PIC advances 1.1% a day on average for past five trading days. |
Weekly Trend | PIC advances 10.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support PIC advance at 0% a week (0% probability) BWX(34%) REMX(21%) KWEB(16%) MCHI(11%) EWY(19%) |
Factors Impacting PIC price | PIC will decline at least -1.31% in a week (0% probabilities). XLU(-21%) INDA(-18%) XLRE(-17%) PCY(-17%) BLOK(-17%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.31% (StdDev 2.62%) |
Hourly BBV | 0 () |
Intraday Trend | -4.2% |
| |
|
|