| PLCE latest price $56.8300 (12.18%) ($51.9900 - $57.0400) on Wed. Jan. 6, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.38% (three month average) |
RSI | 74 |
Latest Price | $56.8300(12.18%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PLCE advances 3.2% a day on average for past five trading days. |
Weekly Trend | PLCE advances 5.4% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value 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 -2.69% 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 | -2.69% (StdDev 5.38%) |
Hourly BBV | 0 () |
Intraday Trend | 9.3% |
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