| PDD latest price $24.3700 (-6.84%) ($23.5200 - $25.8000) on Mon. Jan. 14, 2019. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 5.2% (three month average) |
| RSI | 71 |
| Latest Price | $24.3700(-6.84%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | PDD advances 0.9% a day on average for past five trading days. |
| Weekly Trend | PDD advances 8.7% a week on average for past two weeks. |
| Market Behavior | Growth stock sell-off for large cap. Broad based sell-off 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 -2.6% in a week (0% probabilities).
VXX(-10%) VIXM(-3%) UUP(-3%) XHB(-1%) TLT(-1%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -2.6% (StdDev 5.2%) |
| Hourly BBV | 0 () |
| Intraday Trend | -4% |
| | |
| |
|