| PLL latest price $7.4300 (9.26%) ($7.3000 - $7.6000) on Mon. Jul. 20, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.85% (three month average) |
RSI | 75 |
Latest Price | $7.4300(9.26%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PLL advances 3.7% a day on average for past five trading days. |
Weekly Trend | PLL advances 7.8% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support PLL advance at 0% a week (0% probability) DRIV(21%) ICLN(9%) TAN(9%) IWN(8%) OIH(8%) |
Factors Impacting PLL price | PLL will decline at least -2.925% in a week (0% probabilities). UUP(-4%) VIXM(-3%) UNG(-3%) VXX(-2%) TLT(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | |
| |
Market Trend Strength | -2.925% (StdDev 5.85%) |
Hourly BBV | 0 () |
Intraday Trend | -0.9% |
| |
|
|