| PLCE latest price $109.6100 (1.54%) ($105.0200 - $109.7500) on Wed. Apr. 17, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.48% (three month average) |
RSI | 80 |
Latest Price | $109.6100(1.54%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PLCE advances 1.4% a day on average for past five trading days. |
Weekly Trend | PLCE advances 5.3% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support PLCE advance at 0% a week (0% probability) PEJ(60%) IWN(59%) XRT(59%) IWM(57%) JETS(55%) |
Factors Impacting PLCE price | PLCE will decline at least -1.24% in a week (0% probabilities). UUP(-16%) VXX(-13%) TLT(-10%) VIXM(-6%) IGOV(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.24% (StdDev 2.48%) |
Hourly BBV | 0 () |
Intraday Trend | 2.4% |
| |
|
|