| PLL latest price $60.1100 (-2.09%) ($60.1100 - $60.1100) on Wed. Jun. 21, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.39% (three month average) |
RSI | 62 |
Latest Price | $60.1100(-2.09%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PLL advances 0.1% a day on average for past five trading days. |
Weekly Trend | PLL advances 2.8% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support PLL advance at 0% a week (0% probability) REMX(77%) LIT(76%) IDRV(71%) IWM(66%) IWO(66%) |
Factors Impacting PLL price | PLL will decline at least -1.695% in a week (0% probabilities). UUP(-29%) VXX(-26%) VIXM(-26%) TBT(-21%) BLOK(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.695% (StdDev 3.39%) |
Hourly BBV | -1.2 () |
Intraday Trend | 0% |
| |
|
|