| PLL latest price $23.7500 (-5%) ($23.7500 - $23.7500) on Tue. Dec. 12, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.12% (three month average) |
RSI | 36 |
Latest Price | $23.7500(-5%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PLL advances 0.2% a day on average for past five trading days. |
Weekly Trend | PLL declines -5.1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support PLL advance at 0% a week (0% probability) SPY(92%) ONLN(80%) XLE(86%) XOP(82%) XME(80%) |
Factors Impacting PLL price | PLL will decline at least -2.06% in a week (0% probabilities). TBT(-25%) VIXM(-22%) UUP(-17%) VXX(-15%) BNDX(4%) |
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 | -2.06% (StdDev 4.12%) |
Hourly BBV | -1.1 () |
Intraday Trend | 0% |
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