| PLCE latest price $27.4700 (6.35%) ($25.2500 - $27.6700) on Fri. Aug. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.49% (three month average) |
RSI | 42 |
Latest Price | $27.4700(6.35%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PLCE advances 2.4% a day on average for past five trading days. |
Weekly Trend | PLCE declines -7.1% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support PLCE advance at 0% a week (0% probability) IWN(56%) IWM(53%) XRT(53%) JETS(50%) IWC(49%) |
Factors Impacting PLCE price | PLCE will decline at least -2.745% in a week (0% probabilities). VIXM(-22%) UUP(-13%) VXX(-12%) IYT(-10%) TLT(-8%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2.745% (StdDev 5.49%) |
Hourly BBV | 0 () |
Intraday Trend | 7.6% |
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