| PLL latest price $53.6200 (7.21%) ($51.2350 - $54.5100) on Wed. Aug. 10, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.29% (three month average) |
RSI | 81 |
Latest Price | $53.6200(7.21%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PLL advances 3.4% a day on average for past five trading days. |
Weekly Trend | PLL advances 12.7% 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) REMX(74%) LIT(71%) IDRV(64%) IWM(59%) IWO(59%) |
Factors Impacting PLL price | PLL will decline at least -2.645% in a week (0% probabilities). VIXM(-11%) VXX(-9%) EDOC(-7%) UUP(-6%) TBT(-2%) |
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 | -2.645% (StdDev 5.29%) |
Hourly BBV | 2 () |
Intraday Trend | 0% |
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