| PLCE latest price $29.7000 (4.76%) ($28.5300 - $30.5500) on Thu. Oct. 1, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.74% (three month average) |
RSI | 66 |
Latest Price | $29.7000(4.76%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PLCE advances 2% 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 | Growth stock 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%) IWC(51%) PEJ(51%) |
Factors Impacting PLCE price | PLCE will decline at least -2.87% in a week (0% probabilities). VIXM(-24%) UUP(-16%) VXX(-13%) TLT(-7%) EDOC(-5%) |
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 | -2.87% (StdDev 5.74%) |
Hourly BBV | 0 () |
Intraday Trend | 4.1% |
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