| PLCE latest price $50.6600 (3.51%) ($48.0002 - $50.7700) on Tue. Jan. 5, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.27% (three month average) |
RSI | 73 |
Latest Price | $50.6600(3.51%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PLCE advances 0.1% a day on average for past five trading days. |
Weekly Trend | PLCE advances 4.7% 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(56%) XRT(56%) IWM(55%) IWC(51%) IWO(51%) |
Factors Impacting PLCE price | PLCE will decline at least -2.635% in a week (0% probabilities). VIXM(-23%) UUP(-17%) VXX(-13%) TLT(-5%) SHY(-1%) |
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 | -2.635% (StdDev 5.27%) |
Hourly BBV | 0 () |
Intraday Trend | 4.2% |
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