| PLCE latest price $29.9900 (9.21%) ($28.0600 - $30.2740) on Fri. May. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 10.16% (three month average) |
RSI | 60 |
Latest Price | $29.9900(9.21%) |
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 3.6% 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) IWN(58%) IWM(55%) XRT(55%) PEJ(53%) IWC(51%) |
Factors Impacting PLCE price | PLCE will decline at least -5.08% in a week (0% probabilities). VIXM(-25%) UUP(-14%) VXX(-13%) TLT(-10%) GLD(-4%) |
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 | -5.08% (StdDev 10.16%) |
Hourly BBV | 0 () |
Intraday Trend | 6.1% |
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