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 Stochastic Oscillator sits in overbought zone for 10 days
The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for PEJ moved out of overbought territory on July 24, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 42 similar instances where the indicator moved out of overbought territory. In of the 42 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
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 .
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on August 12, 2025. You may want to consider a long position or call options on PEJ as a result. In of 83 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 August 15, 2025. Looking at past instances where PEJ's MACD turned positive, the stock continued to rise in of 43 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 329 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.
The Aroon Indicator entered an Uptrend today. In of 342 cases where PEJ Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
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General Information
Category ConsumerDiscretionary
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 90% 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.