| PLL latest price $45.9700 (3.63%) ($45.9700 - $45.9700) on Tue. Aug. 2, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.85% (three month average) |
RSI | 80 |
Latest Price | $45.9700(3.63%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PLL advances 3.5% a day on average for past five trading days. |
Weekly Trend | PLL advances 13.8% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support PLL advance at 0% a week (0% probability) REMX(74%) LIT(71%) IDRV(65%) IWM(60%) IWO(60%) |
Factors Impacting PLL price | PLL will decline at least -2.925% in a week (0% probabilities). VIXM(-12%) VXX(-9%) UUP(-8%) EDOC(-6%) TBT(-2%) |
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 | -2.925% (StdDev 5.85%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0% |
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