| PLCE latest price $31.7300 (13.32%) ($27.9500 - $32.1000) on Wed. Sep. 16, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.69% (three month average) |
RSI | 87 |
Latest Price | $31.7300(13.32%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PLCE advances 6.9% a day on average for past five trading days. |
Weekly Trend | PLCE advances 16.5% 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(57%) IWM(55%) XRT(55%) IWC(51%) JETS(50%) |
Factors Impacting PLCE price | PLCE will decline at least -2.845% 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 | -2.845% (StdDev 5.69%) |
Hourly BBV | 0 () |
Intraday Trend | 12.6% |
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