| PLCE latest price $27.8400 (2.62%) ($27.8400 - $27.8400) on Mon. Jul. 17, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.2% (three month average) |
RSI | 78 |
Latest Price | $27.8400(2.62%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PLCE advances 0.6% a day on average for past five trading days. |
Weekly Trend | PLCE advances 10% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support PLCE advance at 0% a week (0% probability) XRT(56%) DIA(48%) IWM(48%) IWN(47%) IWD(46%) |
Factors Impacting PLCE price | PLCE will decline at least -2.6% in a week (0% probabilities). VXX(-29%) VIXM(-29%) UUP(-14%) IGOV(-10%) BNDX(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.6% (StdDev 5.2%) |
Hourly BBV | 1 () |
Intraday Trend | 0% |
| |
|
|