| PDD latest price $23.9700 (4.4%) ($23.6200 - $25.0000) on Mon. Dec. 3, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.35% (three month average) |
RSI | 76 |
Latest Price | $23.9700(4.4%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 2.5% a day on average for past five trading days. |
Weekly Trend | PDD advances 9.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support PDD advance at 0% a week (0% probability) KWEB(77%) MCHI(67%) FXI(63%) ONLN(53%) EEM(51%) |
Factors Impacting PDD price | PDD will decline at least -3.675% in a week (0% probabilities). VXX(-10%) VIXM(-4%) UUP(-3%) TLT(-2%) XHB(-1%) |
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 | -3.675% (StdDev 7.35%) |
Hourly BBV | 0 () |
Intraday Trend | -1.5% |
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