| PLCE latest price $90.7700 (-0.5%) ($90.1400 - $93.0000) on Wed. Jan. 9, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.29% (three month average) |
RSI | 48 |
Latest Price | $90.7700(-0.5%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PLCE advances 0.4% a day on average for past five trading days. |
Weekly Trend | PLCE declines -0.3% 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 PLCE advance at 0% a week (0% probability) PEJ(59%) XRT(59%) IWN(58%) IWM(56%) JETS(54%) |
Factors Impacting PLCE price | PLCE will decline at least -1.645% in a week (0% probabilities). UUP(-16%) VXX(-13%) TLT(-10%) VIXM(-6%) IGOV(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.645% (StdDev 3.29%) |
Hourly BBV | 0 () |
Intraday Trend | -0.5% |
| |
|
|