| PLL latest price $70.3950 (11.54%) ($70.3950 - $70.3950) on Wed. Mar. 31, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 8.32% (three month average) |
RSI | 57 |
Latest Price | $70.3950(11.54%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PLL advances 1.7% a day on average for past five trading days. |
Weekly Trend | PLL declines -4.5% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support PLL advance at 0% a week (0% probability) XME(21%) XAR(11%) XLY(11%) VT(10%) XLF(10%) |
Factors Impacting PLL price | PLL will decline at least -4.16% in a week (0% probabilities). VIXM(-10%) UUP(-6%) BNDX(-5%) TLT(-3%) LQD(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -4.16% (StdDev 8.32%) |
Hourly BBV | 1.8 () |
Intraday Trend | 0% |
| |
|
|