| PLL latest price $28.2700 (1.87%) ($28.2700 - $28.2700) on Wed. Nov. 8, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.07% (three month average) |
RSI | 35 |
Latest Price | $28.2700(1.87%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PLL advances 1% a day on average for past five trading days. |
Weekly Trend | PLL declines -3% a week on average for past two weeks. |
Market Behavior | Normal 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(85%) LIT(83%) ACES(79%) DRIV(78%) IDRV(78%) |
Factors Impacting PLL price | PLL will decline at least -1.535% in a week (0% probabilities). TBT(-28%) UUP(-25%) VXX(-1%) VIXM(2%) URA(7%) |
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 | -1.535% (StdDev 3.07%) |
Hourly BBV | 0.7 () |
Intraday Trend | 0% |
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