| PLCE latest price $16.8700 (9.44%) ($16.8700 - $16.8700) on Tue. Jun. 6, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.5% (three month average) |
RSI | 29 |
Latest Price | $16.8700(9.44%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PLCE advances 0.7% a day on average for past five trading days. |
Weekly Trend | PLCE declines -20% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support PLCE advance at 0% a week (0% probability) XRT(58%) IWN(50%) IWM(49%) SDY(49%) XME(48%) |
Factors Impacting PLCE price | PLCE will decline at least -2.25% in a week (0% probabilities). SHY(-21%) VIXM(-19%) VXX(-17%) BNDX(-17%) VCSH(-15%) |
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 | -2.25% (StdDev 4.5%) |
Hourly BBV | 1 () |
Intraday Trend | 0% |
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