| PDD latest price $20.3100 (-10.09%) ($18.6200 - $21.4000) on Wed. Aug. 1, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.08% (three month average) |
RSI | 50 |
Latest Price | $20.3100(-10.09%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 21.1% a day on average for past five trading days. |
Market Behavior | Rotation from value to growth for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support PDD advance at 0% a week (0% probability) TIP(6%) VCIT(5%) CEMB(4%) TLT(4%) USO(4%) |
Factors Impacting PDD price | PDD will decline at least -2.04% in a week (0% probabilities). KWEB(-7%) ONLN(-6%) QQQ(-5%) MCHI(-5%) BLOK(-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 | -2.04% (StdDev 4.08%) |
Hourly BBV | 0 () |
Intraday Trend | 4.8% |
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