| PLCE latest price $22.1800 (4.03%) ($20.6000 - $22.3800) on Thu. Sep. 3, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.35% (three month average) |
RSI | 36 |
Latest Price | $22.1800(4.03%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PLCE advances 1.4% a day on average for past five trading days. |
Weekly Trend | PLCE declines -8.3% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support PLCE advance at 0% a week (0% probability) IWN(56%) IWM(54%) XRT(54%) IWC(50%) JETS(50%) |
Factors Impacting PLCE price | PLCE will decline at least -2.675% in a week (0% probabilities). VIXM(-22%) UUP(-15%) VXX(-12%) TLT(-7%) EDOC(-5%) |
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 | -2.675% (StdDev 5.35%) |
Hourly BBV | 0 () |
Intraday Trend | 4% |
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