| PDD latest price $19.5700 (2.41%) ($19.0000 - $20.2500) on Fri. Sep. 7, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.99% (three month average) |
RSI | 54 |
Latest Price | $19.5700(2.41%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 1.7% a day on average for past five trading days. |
Weekly Trend | PDD advances 2.2% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support PDD advance at 0% a week (0% probability) KWEB(75%) MCHI(66%) FXI(62%) ONLN(52%) EEM(51%) |
Factors Impacting PDD price | PDD will decline at least -2.995% in a week (0% probabilities). VXX(-11%) VIXM(-6%) UUP(-4%) IFRA(-3%) TLT(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.995% (StdDev 5.99%) |
Hourly BBV | 0 () |
Intraday Trend | 2.8% |
| |
|
|