| PLCE latest price $69.9000 (0.1%) ($68.2700 - $71.3850) on Mon. Dec. 9, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.63% (three month average) |
RSI | 26 |
Latest Price | $69.9000(0.1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PLCE advances 0.2% a day on average for past five trading days. |
Weekly Trend | PLCE declines -2.8% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support PLCE advance at 0% a week (0% probability) IWN(60%) PEJ(60%) XRT(58%) IWM(57%) JETS(55%) |
Factors Impacting PLCE price | PLCE will decline at least -1.315% in a week (0% probabilities). VIXM(-34%) VXX(-17%) UUP(-8%) TLT(-8%) IGOV(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.315% (StdDev 2.63%) |
Hourly BBV | 0 () |
Intraday Trend | 0.4% |
| |
|
|