| PLCE latest price $53.5200 (-1.92%) ($52.0000 - $55.5500) on Fri. Jan. 8, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.38% (three month average) |
RSI | 69 |
Latest Price | $53.5200(-1.92%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PLCE advances 1.3% a day on average for past five trading days. |
Weekly Trend | PLCE advances 5.5% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Rotation from value to growth for small cap. |
Correlated ETFs | Broad market will support PLCE advance at 0% a week (0% probability) IWN(56%) XRT(56%) IWM(55%) IWC(51%) IWO(51%) |
Factors Impacting PLCE price | PLCE will decline at least -2.69% in a week (0% probabilities). VIXM(-23%) UUP(-17%) VXX(-13%) TLT(-5%) SHY(-1%) |
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 | -2.69% (StdDev 5.38%) |
Hourly BBV | 0 () |
Intraday Trend | -2.7% |
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