| PLCE latest price $113.0500 (8.25%) ($113.0500 - $113.4000) on Thu. Nov. 18, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.76% (three month average) |
RSI | 79 |
Latest Price | $113.0500(8.25%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PLCE advances 3.1% a day on average for past five trading days. |
Weekly Trend | PLCE advances 8% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth 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(54%) |
Factors Impacting PLCE price | PLCE will decline at least -1.88% 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 | -1.88% (StdDev 3.76%) |
Hourly BBV | 2.2 () |
Intraday Trend | 0% |
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