| PLCE latest price $95.3300 (2.14%) ($92.0000 - $95.4200) on Mon. Jan. 28, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.28% (three month average) |
RSI | 54 |
Latest Price | $95.3300(2.14%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PLCE advances 1% a day on average for past five trading days. |
Weekly Trend | PLCE advances 1.5% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support PLCE advance at 0% a week (0% probability) IWN(59%) PEJ(59%) XRT(59%) IWM(56%) JETS(54%) |
Factors Impacting PLCE price | PLCE will decline at least -1.64% in a week (0% probabilities). UUP(-16%) VXX(-13%) TLT(-10%) VIXM(-7%) IGOV(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.64% (StdDev 3.28%) |
Hourly BBV | 0 () |
Intraday Trend | 2.8% |
| |
|
|