PEJ Invesco Dynamic Leisure and Entmnt ETF Forecast, Technical & Fundamental Analysis
The investment seeks to track the investment results (before fees and expenses) of the Dynamic Leisure & Entertainment Intellidex® Index... Show more
PEJ's RSI Oscillator ascending out of oversold territory
The RSI Oscillator for PEJ moved out of oversold territory on April 09, 2025. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 32 similar instances when the indicator left oversold territory. In of the 32 cases the stock moved higher. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on April 17, 2025. You may want to consider a long position or call options on PEJ as a result. In of 82 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for PEJ just turned positive on April 15, 2025. Looking at past instances where PEJ's MACD turned positive, the stock continued to rise in of 44 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where PEJ advanced for three days, in of 327 cases, the price rose further within the following month. The odds of a continued upward trend are .
PEJ may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 5 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where PEJ declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for PEJ entered a downward trend on April 10, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
General Information
Category ConsumerDiscretionary
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| ACARX | 28.96 | 0.54 | +1.90% |
| Alger Capital Appreciation Instl R | |||
| JMGFX | 47.11 | 0.26 | +0.55% |
| JPMorgan Mid Cap Growth R5 | |||
| MMLRX | 12.87 | 0.06 | +0.47% |
| MassMutual Select TRP Large Cap Blend I | |||
| BRIIX | 15.88 | -0.02 | -0.13% |
| Baron Real Estate Income Institutional | |||
| LSHCX | 33.04 | -0.07 | -0.21% |
| Kinetics Spin-Off and Corp Rest Adv C | |||
PEJ and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, PEJ has been closely correlated with IYC. These tickers have moved in lockstep 89% of the time. This A.I.-generated data suggests there is a high statistical probability that if PEJ jumps, then IYC could also see price increases.
| Ticker / NAME | Correlation To PEJ | 1D Price Change % | ||
|---|---|---|---|---|
| PEJ | 100% | +0.25% | ||
| IYC - PEJ | 89% Closely correlated | +1.11% | ||
| CRUZ - PEJ | 88% Closely correlated | -0.16% | ||
| FXD - PEJ | 88% Closely correlated | -0.09% | ||
| PEZ - PEJ | 87% Closely correlated | N/A | ||
| PSCD - PEJ | 87% Closely correlated | -0.07% | ||
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