| PLL latest price $56.1500 (3.9%) ($54.3400 - $56.1500) on Fri. Apr. 14, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.81% (three month average) |
RSI | 61 |
Latest Price | $56.1500(3.9%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PLL advances 1.9% a day on average for past five trading days. |
Weekly Trend | PLL declines -1.5% a week on average for past two weeks. |
Market Behavior | Normal 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(77%) LIT(74%) IDRV(72%) IWM(67%) IWO(66%) |
Factors Impacting PLL price | PLL will decline at least -1.905% in a week (0% probabilities). VXX(-35%) VIXM(-32%) UUP(-24%) TBT(-14%) SMH(-0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.905% (StdDev 3.81%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0% |
| |
|
|