| PLL latest price $28.0100 (-2.47%) ($28.0100 - $28.6700) on Fri. Nov. 24, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.8% (three month average) |
RSI | 47 |
Latest Price | $28.0100(-2.47%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PLL advances 0.5% a day on average for past five trading days. |
Weekly Trend | PLL advances 1% 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) SMH(89%) REMX(85%) LIT(84%) DRIV(81%) XOP(81%) |
Factors Impacting PLL price | PLL will decline at least -1.9% in a week (0% probabilities). VIXM(-17%) UUP(-15%) TBT(-12%) VXX(-10%) SHY(-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 | -1.9% (StdDev 3.8%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
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