| PLL latest price $59.2900 (1.74%) ($59.2900 - $59.3700) on Thu. May. 18, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.75% (three month average) |
RSI | 53 |
Latest Price | $59.2900(1.74%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PLL advances 0.7% a day on average for past five trading days. |
Weekly Trend | PLL advances 3.6% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support PLL advance at 0% a week (0% probability) REMX(77%) LIT(74%) IDRV(70%) IWM(68%) IWO(67%) |
Factors Impacting PLL price | PLL will decline at least -1.875% in a week (0% probabilities). VXX(-31%) VIXM(-30%) UUP(-25%) TBT(-19%) IGOV(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 | -1.875% (StdDev 3.75%) |
Hourly BBV | 1.6 () |
Intraday Trend | 0% |
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