| PLCE latest price $71.0300 (-2.28%) ($68.8200 - $74.3075) on Thu. Jan. 28, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.28% (three month average) |
RSI | 77 |
Latest Price | $71.0300(-2.28%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PLCE advances 1.9% a day on average for past five trading days. |
Weekly Trend | PLCE advances 14.2% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support PLCE advance at 0% a week (0% probability) IWN(55%) XRT(55%) IWM(54%) IWO(51%) IBUY(50%) |
Factors Impacting PLCE price | PLCE will decline at least -2.64% in a week (0% probabilities). VIXM(-23%) UUP(-17%) VXX(-13%) TLT(-4%) 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 | -2.64% (StdDev 5.28%) |
Hourly BBV | 0 () |
Intraday Trend | -2.5% |
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