| PLL latest price $47.1600 (3.19%) ($45.0850 - $47.1600) on Fri. Aug. 5, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.8% (three month average) |
RSI | 85 |
Latest Price | $47.1600(3.19%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PLL advances 0.8% a day on average for past five trading days. |
Weekly Trend | PLL advances 11.9% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally 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 -2.9% in a week (0% probabilities). VIXM(-12%) VXX(-9%) UUP(-7%) EDOC(-6%) TBT(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.9% (StdDev 5.8%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0% |
| |
|
|