| PLCE latest price $26.3800 (0.53%) ($26.3800 - $26.3800) on Fri. Jul. 7, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.32% (three month average) |
RSI | 75 |
Latest Price | $26.3800(0.53%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PLCE advances 3.4% a day on average for past five trading days. |
Weekly Trend | PLCE advances 9.7% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support PLCE advance at 0% a week (0% probability) XRT(50%) IWD(41%) SDY(41%) XME(41%) IWM(40%) |
Factors Impacting PLCE price | PLCE will decline at least -2.66% in a week (0% probabilities). VIXM(-21%) VXX(-20%) EDOC(-19%) UUP(-16%) SHY(-13%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.66% (StdDev 5.32%) |
Hourly BBV | 0.7 () |
Intraday Trend | 0% |
| |
|
|