| PLL latest price $28.4900 (4.05%) ($28.4900 - $28.5900) on Fri. Nov. 17, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.72% (three month average) |
RSI | 55 |
Latest Price | $28.4900(4.05%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PLL advances 2% a day on average for past five trading days. |
Weekly Trend | PLL advances 0.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support PLL advance at 0% a week (0% probability) LIT(85%) REMX(84%) ACES(80%) DRIV(80%) IDRV(80%) |
Factors Impacting PLL price | PLL will decline at least -1.86% in a week (0% probabilities). TBT(-27%) UUP(-24%) VXX(-9%) VIXM(-7%) IGOV(5%) |
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 | -1.86% (StdDev 3.72%) |
Hourly BBV | -0.3 () |
Intraday Trend | 0% |
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