| PLCE latest price $35.0000 (12.4%) ($32.7500 - $36.6950) on Mon. May. 18, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 10.4% (three month average) |
RSI | 64 |
Latest Price | $35.0000(12.4%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PLCE advances 3.4% 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(57%) IWM(54%) XRT(54%) PEJ(52%) IWC(50%) |
Factors Impacting PLCE price | PLCE will decline at least -5.2% in a week (0% probabilities). VIXM(-24%) 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 | -5.2% (StdDev 10.4%) |
Hourly BBV | 0 () |
Intraday Trend | 3.6% |
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