| PLL latest price $61.1900 (-3.61%) ($61.1900 - $61.1900) on Fri. Aug. 26, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.55% (three month average) |
RSI | 67 |
Latest Price | $61.1900(-3.61%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PLL advances 2% a day on average for past five trading days. |
Weekly Trend | PLL advances 4.1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support PLL advance at 0% a week (0% probability) REMX(76%) LIT(72%) IDRV(66%) IWM(59%) IWO(59%) |
Factors Impacting PLL price | PLL will decline at least -2.775% in a week (0% probabilities). VIXM(-11%) EDOC(-11%) VXX(-10%) UUP(-7%) 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 | -2.775% (StdDev 5.55%) |
Hourly BBV | -1.3 () |
Intraday Trend | 0% |
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