| PLL latest price $58.1850 (1.49%) ($58.1850 - $58.4500) on Fri. May. 12, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.1% (three month average) |
RSI | 51 |
Latest Price | $58.1850(1.49%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PLL advances 0.9% a day on average for past five trading days. |
Weekly Trend | PLL advances 1.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal 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 -2.05% in a week (0% probabilities). VXX(-33%) VIXM(-31%) UUP(-25%) TBT(-18%) SMH(-1%) |
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 | -2.05% (StdDev 4.1%) |
Hourly BBV | 0.2 () |
Intraday Trend | 0% |
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