| PLL latest price $63.7000 (3.74%) ($63.7000 - $63.7000) on Tue. Jun. 6, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.7% (three month average) |
RSI | 66 |
Latest Price | $63.7000(3.74%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PLL advances 2.6% a day on average for past five trading days. |
Weekly Trend | PLL advances 1.7% 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(76%) IDRV(72%) IWM(68%) IWO(68%) |
Factors Impacting PLL price | PLL will decline at least -1.85% in a week (0% probabilities). VXX(-29%) VIXM(-29%) UUP(-26%) TBT(-19%) IGOV(3%) |
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 | -1.85% (StdDev 3.7%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0% |
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