| PLL latest price $57.3300 (-3.04%) ($57.3300 - $57.3300) on Thu. May. 11, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.13% (three month average) |
RSI | 58 |
Latest Price | $57.3300(-3.04%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PLL advances 2% a day on average for past five trading days. |
Weekly Trend | PLL advances 1.6% a week on average for past two weeks. |
Market Behavior | Value stocks 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(77%) LIT(75%) IDRV(71%) IWM(68%) IWO(68%) |
Factors Impacting PLL price | PLL will decline at least -2.065% in a week (0% probabilities). VXX(-33%) VIXM(-32%) UUP(-25%) TBT(-17%) SMH(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.065% (StdDev 4.13%) |
Hourly BBV | -0.7 () |
Intraday Trend | 0% |
| |
|
|