| PLCE latest price $19.9600 (6.06%) ($18.9300 - $22.9800) on Tue. Apr. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 9.4% (three month average) |
RSI | 66 |
Latest Price | $19.9600(6.06%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PLCE advances 0.5% a day on average for past five trading days. |
Weekly Trend | PLCE declines -2.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support PLCE advance at 0% a week (0% probability) IWN(60%) IWM(57%) XRT(57%) PEJ(56%) IWC(53%) |
Factors Impacting PLCE price | PLCE will decline at least -4.7% in a week (0% probabilities). VIXM(-26%) UUP(-15%) VXX(-13%) TLT(-11%) GLD(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -4.7% (StdDev 9.4%) |
Hourly BBV | 0 () |
Intraday Trend | -4.3% |
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