| PLCE latest price $40.2500 (4.07%) ($40.2500 - $40.2500) on Mon. Oct. 17, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.34% (three month average) |
RSI | 73 |
Latest Price | $40.2500(4.07%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PLCE advances 1.2% a day on average for past five trading days. |
Weekly Trend | PLCE advances 8.8% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support PLCE advance at 0% a week (0% probability) IWM(50%) IWN(50%) IWO(49%) IWC(46%) SDY(46%) |
Factors Impacting PLCE price | PLCE will decline at least -2.17% in a week (0% probabilities). UUP(-11%) VXX(-9%) TBT(-5%) SHY(-5%) VIXM(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.17% (StdDev 4.34%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0% |
| |
|
|