| PLCE latest price $29.0550 (2.74%) ($29.0550 - $29.2300) on Wed. Jul. 19, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.14% (three month average) |
RSI | 85 |
Latest Price | $29.0550(2.74%) |
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 8.9% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support PLCE advance at 0% a week (0% probability) XRT(56%) DIA(47%) IWM(47%) IWN(47%) IWD(46%) |
Factors Impacting PLCE price | PLCE will decline at least -2.57% in a week (0% probabilities). VIXM(-29%) VXX(-28%) UUP(-14%) IGOV(-10%) BNDX(-5%) |
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 | -2.57% (StdDev 5.14%) |
Hourly BBV | 1.8 () |
Intraday Trend | 0% |
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