| PLCE latest price $104.4300 (-3.88%) ($104.4300 - $104.4300) on Wed. Nov. 17, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.72% (three month average) |
RSI | 74 |
Latest Price | $104.4300(-3.88%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PLCE advances 1.6% a day on average for past five trading days. |
Weekly Trend | PLCE advances 8% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based sell-off 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(53%) |
Factors Impacting PLCE price | PLCE will decline at least -1.86% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.86% (StdDev 3.72%) |
Hourly BBV | -1.6 () |
Intraday Trend | 0% |
| |
|
|