| PLCE latest price $24.5500 (6.88%) ($23.2900 - $25.2991) on Thu. Sep. 10, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.3% (three month average) |
RSI | 59 |
Latest Price | $24.5500(6.88%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PLCE advances 2.8% a day on average for past five trading days. |
Weekly Trend | PLCE advances 6.2% 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(57%) IWM(54%) XRT(54%) IWC(51%) JETS(50%) |
Factors Impacting PLCE price | PLCE will decline at least -2.65% in a week (0% probabilities). VIXM(-23%) UUP(-16%) VXX(-13%) 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 | -2.65% (StdDev 5.3%) |
Hourly BBV | 0 () |
Intraday Trend | 5% |
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