| PLCE latest price $100.1500 (1.8%) ($100.1500 - $100.1500) on Thu. Nov. 4, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.77% (three month average) |
RSI | 81 |
Latest Price | $100.1500(1.8%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PLCE advances 3.7% a day on average for past five trading days. |
Weekly Trend | PLCE advances 6.2% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth 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) IWM(55%) IWN(55%) XRT(55%) IBUY(54%) IWO(54%) |
Factors Impacting PLCE price | PLCE will decline at least -1.885% 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 | -1.885% (StdDev 3.77%) |
Hourly BBV | 0.9 () |
Intraday Trend | 0% |
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