| PRLB latest price $26.6300 (2.38%) ($25.7600 - $26.8800) on Wed. Dec. 14, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.7% (three month average) |
RSI | 57 |
Latest Price | $26.6300(2.38%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PRLB advances 1.5% a day on average for past five trading days. |
Weekly Trend | PRLB advances 0.4% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support PRLB advance at 0% a week (0% probability) IWM(55%) IWO(55%) IWN(53%) IWC(52%) PEJ(47%) |
Factors Impacting PRLB price | PRLB will decline at least -2.35% in a week (0% probabilities). VIXM(-11%) VXX(-8%) UNG(-8%) SMH(-7%) GLD(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.35% (StdDev 4.7%) |
Hourly BBV | 1 () |
Intraday Trend | 2.3% |
| |
|
|