| PLCE latest price $61.7500 (7.82%) ($58.6800 - $62.0000) on Tue. Jan. 19, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.29% (three month average) |
RSI | 70 |
Latest Price | $61.7500(7.82%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PLCE advances 3.4% a day on average for past five trading days. |
Weekly Trend | PLCE advances 7.2% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support PLCE advance at 0% a week (0% probability) XRT(56%) IWN(55%) IWM(54%) IBUY(51%) IWC(51%) |
Factors Impacting PLCE price | PLCE will decline at least -2.645% in a week (0% probabilities). VIXM(-22%) UUP(-17%) VXX(-13%) TLT(-4%) 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 | -2.645% (StdDev 5.29%) |
Hourly BBV | 0 () |
Intraday Trend | 5.2% |
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