| PDD latest price $40.8800 (0%) ($39.5300 - $40.8800) on Thu. Oct. 31, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.67% (three month average) |
RSI | 80 |
Latest Price | $40.8800(0%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 0.5% a day on average for past five trading days. |
Weekly Trend | PDD advances 11.3% a week on average for past two weeks. |
Market Behavior | Normal 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(79%) MCHI(69%) FXI(65%) ONLN(54%) EEM(52%) |
Factors Impacting PDD price | PDD will decline at least -1.835% in a week (0% probabilities). VIXM(-21%) VXX(-12%) UUP(-12%) TLT(0%) TIP(0%) |
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 | -1.835% (StdDev 3.67%) |
Hourly BBV | 0 () |
Intraday Trend | 1.2% |
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