| PLL latest price $11.5100 (-4.8%) ($11.5000 - $11.8200) on Thu. May. 23, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.05% (three month average) |
RSI | 55 |
Latest Price | $11.5100(-4.8%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PLL advances 0.6% a day on average for past five trading days. |
Weekly Trend | PLL advances 1.7% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support PLL advance at 0% a week (0% probability) IBB(11%) XBI(9%) ARKG(7%) VFMO(7%) IWO(6%) |
Factors Impacting PLL price | PLL will decline at least -2.525% in a week (0% probabilities). TLT(-5%) IFRA(-5%) BWX(-3%) VXX(-1%) VCIT(-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 | -2.525% (StdDev 5.05%) |
Hourly BBV | 0 () |
Intraday Trend | -0.1% |
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