| PLCE latest price $26.7300 (4.86%) ($25.8700 - $27.4100) on Thu. Nov. 5, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.53% (three month average) |
RSI | 59 |
Latest Price | $26.7300(4.86%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PLCE advances 1% a day on average for past five trading days. |
Weekly Trend | PLCE advances 0.8% 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(58%) IWM(55%) XRT(55%) IWC(51%) IWO(50%) |
Factors Impacting PLCE price | PLCE will decline at least -2.765% in a week (0% probabilities). VIXM(-24%) UUP(-16%) VXX(-13%) TLT(-6%) EDOC(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.765% (StdDev 5.53%) |
Hourly BBV | 0 () |
Intraday Trend | 3.3% |
| |
|
|