| PLL latest price $28.9800 (-5.45%) ($28.9800 - $28.9800) on Wed. Dec. 20, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.68% (three month average) |
RSI | 58 |
Latest Price | $28.9800(-5.45%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PLL advances 1.8% a day on average for past five trading days. |
Weekly Trend | PLL advances 9.6% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support PLL advance at 0% a week (0% probability) ACES(88%) XOP(92%) XME(89%) TAN(97%) REMX(91%) |
Factors Impacting PLL price | PLL will decline at least -2.34% in a week (0% probabilities). TBT(-61%) UUP(-15%) VIXM(-6%) VXX(-2%) SPLV(2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.34% (StdDev 4.68%) |
Hourly BBV | -2.2 () |
Intraday Trend | 0% |
| |
|
|