| PLL latest price $50.0150 (-2.02%) ($50.0150 - $50.0150) on Tue. Aug. 9, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.22% (three month average) |
RSI | 81 |
Latest Price | $50.0150(-2.02%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PLL advances 1.7% 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 | Growth stock 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) REMX(74%) LIT(71%) IDRV(64%) IWM(59%) IWO(59%) |
Factors Impacting PLL price | PLL will decline at least -2.61% in a week (0% probabilities). VIXM(-11%) VXX(-9%) EDOC(-7%) UUP(-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 | -2.61% (StdDev 5.22%) |
Hourly BBV | 0.2 () |
Intraday Trend | 0% |
| |
|
|