| PLL latest price $61.2950 (5.79%) ($61.2950 - $61.2950) on Thu. Jan. 12, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.97% (three month average) |
RSI | 72 |
Latest Price | $61.2950(5.79%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PLL advances 4.8% a day on average for past five trading days. |
Weekly Trend | PLL advances 13.7% a week on average for past two weeks. |
Market Behavior | Value stock 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(77%) LIT(74%) IDRV(71%) XME(66%) IWM(62%) |
Factors Impacting PLL price | PLL will decline at least -2.485% in a week (0% probabilities). VIXM(-36%) UUP(-26%) VXX(-17%) TBT(-10%) SHY(-5%) |
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 | -2.485% (StdDev 4.97%) |
Hourly BBV | 1.6 () |
Intraday Trend | 0% |
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