| PLCE latest price $27.1300 (4.39%) ($27.1300 - $27.3700) on Fri. Jul. 14, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.19% (three month average) |
RSI | 78 |
Latest Price | $27.1300(4.39%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PLCE advances 0.6% a day on average for past five trading days. |
Weekly Trend | PLCE advances 11% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support PLCE advance at 0% a week (0% probability) XRT(50%) IWM(40%) IWD(39%) IWN(39%) IWO(39%) |
Factors Impacting PLCE price | PLCE will decline at least -2.595% in a week (0% probabilities). VIXM(-24%) VXX(-22%) EDOC(-20%) UUP(-16%) IGOV(-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 | -2.595% (StdDev 5.19%) |
Hourly BBV | 0.9 () |
Intraday Trend | 0% |
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