| PLL latest price $58.5000 (7.44%) ($58.5000 - $58.5000) on Fri. Feb. 19, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 6.52% (three month average) |
RSI | 63 |
Latest Price | $58.5000(7.44%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PLL advances 1.7% a day on average for past five trading days. |
Weekly Trend | PLL advances 4.7% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support PLL advance at 0% a week (0% probability) XME(22%) TAN(13%) VFMO(13%) XLY(13%) URA(12%) |
Factors Impacting PLL price | PLL will decline at least -3.26% in a week (0% probabilities). VIXM(-11%) UUP(-7%) BNDX(-4%) XLE(-2%) TLT(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.26% (StdDev 6.52%) |
Hourly BBV | 0.8 () |
Intraday Trend | 0% |
| |
|
|