| PLL latest price $26.3200 (10.82%) ($26.3200 - $26.3200) on Wed. Dec. 13, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.36% (three month average) |
RSI | 43 |
Latest Price | $26.3200(10.82%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PLL advances 2.1% a day on average for past five trading days. |
Weekly Trend | PLL declines -3.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support PLL advance at 0% a week (0% probability) SPY(92%) XLE(86%) REMX(85%) XOP(82%) XME(80%) |
Factors Impacting PLL price | PLL will decline at least -2.18% in a week (0% probabilities). TBT(-25%) VIXM(-22%) UUP(-17%) VXX(-15%) EDOC(4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.18% (StdDev 4.36%) |
Hourly BBV | 3.1 () |
Intraday Trend | 0% |
| |
|
|