| PLCE latest price $86.4400 (6.48%) ($80.6000 - $86.5900) on Wed. Aug. 28, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.1% (three month average) |
RSI | 48 |
Latest Price | $86.4400(6.48%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PLCE advances 2.6% a day on average for past five trading days. |
Weekly Trend | PLCE advances 0.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally 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 -1.55% in a week (0% probabilities). VIXM(-34%) VXX(-17%) TLT(-9%) UUP(-8%) IGOV(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.55% (StdDev 3.1%) |
Hourly BBV | 0 () |
Intraday Trend | 6.8% |
| |
|
|