| PLCE latest price $91.0100 (6.36%) ($91.0100 - $91.0500) on Tue. Nov. 2, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.7% (three month average) |
RSI | 66 |
Latest Price | $91.0100(6.36%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PLCE advances 1.8% a day on average for past five trading days. |
Weekly Trend | PLCE advances 1.9% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support PLCE advance at 0% a week (0% probability) XRT(56%) IWM(55%) IWN(55%) IBUY(54%) IWO(54%) |
Factors Impacting PLCE price | PLCE will decline at least -1.85% in a week (0% probabilities). VIXM(-24%) UUP(-17%) VXX(-12%) TLT(-1%) 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 | -1.85% (StdDev 3.7%) |
Hourly BBV | 1.9 () |
Intraday Trend | 0% |
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