| PLCE latest price $27.1900 (11.37%) ($25.3400 - $28.0500) on Fri. Apr. 17, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 9.97% (three month average) |
RSI | 62 |
Latest Price | $27.1900(11.37%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PLCE advances 1.8% a day on average for past five trading days. |
Weekly Trend | PLCE advances 21.1% 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 PLCE advance at 0% a week (0% probability) IWN(59%) IWM(55%) XRT(55%) PEJ(54%) IWC(52%) |
Factors Impacting PLCE price | PLCE will decline at least -4.985% in a week (0% probabilities). VIXM(-25%) UUP(-14%) VXX(-13%) TLT(-11%) GLD(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -4.985% (StdDev 9.97%) |
Hourly BBV | 0 () |
Intraday Trend | 5.8% |
| |
|
|