| PLL latest price $29.8900 (11.74%) ($26.6800 - $30.7400) on Mon. Nov. 16, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 30.79% (three month average) |
RSI | 64 |
Latest Price | $29.8900(11.74%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PLL advances 5.7% a day on average for past five trading days. |
Weekly Trend | PLL advances 11.1% 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 PLL advance at 0% a week (0% probability) XME(19%) REMX(15%) TAN(14%) VFMO(14%) XRT(14%) |
Factors Impacting PLL price | PLL will decline at least -15.395% in a week (0% probabilities). VIXM(-9%) UUP(-6%) BNDX(-3%) VXX(-1%) UNG(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -15.395% (StdDev 30.79%) |
Hourly BBV | 2.6 () |
Intraday Trend | 0% |
| |
|
|