| PLCE latest price $46.6150 (-6.11%) ($46.6150 - $46.6150) on Tue. Aug. 9, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.2% (three month average) |
RSI | 54 |
Latest Price | $46.6150(-6.11%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PLCE advances 0.3% a day on average for past five trading days. |
Weekly Trend | PLCE advances 5.2% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support PLCE advance at 0% a week (0% probability) IWN(53%) IWM(52%) IBUY(49%) IWO(49%) IWC(48%) |
Factors Impacting PLCE price | PLCE will decline at least -2.1% in a week (0% probabilities). UUP(-16%) TBT(-10%) VXX(-9%) VIXM(-8%) 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 | -2.1% (StdDev 4.2%) |
Hourly BBV | -0.9 () |
Intraday Trend | 0% |
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