| PLCE latest price $58.8000 (8.75%) ($54.2900 - $59.2100) on Thu. Jan. 14, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.33% (three month average) |
RSI | 65 |
Latest Price | $58.8000(8.75%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PLCE advances 1.6% a day on average for past five trading days. |
Weekly Trend | PLCE advances 4.4% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off 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 -2.665% in a week (0% probabilities). VIXM(-22%) 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 | -2.665% (StdDev 5.33%) |
Hourly BBV | 0 () |
Intraday Trend | 8.3% |
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