| PLCE latest price $26.3600 (-2.48%) ($26.2900 - $26.3600) on Mon. Oct. 2, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.72% (three month average) |
RSI | 64 |
Latest Price | $26.3600(-2.48%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PLCE advances 0.7% a day on average for past five trading days. |
Weekly Trend | PLCE advances 2.4% 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) XAR(82%) IBUY(72%) DIA(68%) IPO(67%) IWM(65%) |
Factors Impacting PLCE price | PLCE will decline at least -1.86% in a week (0% probabilities). VIXM(-38%) VXX(-36%) UUP(-27%) TBT(-11%) BNDX(-11%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.86% (StdDev 3.72%) |
Hourly BBV | -0.3 () |
Intraday Trend | 0% |
| |
|
|