| PDD latest price $43.4900 (-0.09%) ($42.4200 - $45.2500) on Wed. Nov. 6, 2019. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 3.63% (three month average) |
| RSI | 81 |
| Latest Price | $43.4900(-0.09%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | PDD advances 1.2% a day on average for past five trading days. |
| Weekly Trend | PDD advances 10.3% 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(53%) |
| Factors Impacting PDD price | PDD will decline at least -1.815% 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. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -1.815% (StdDev 3.63%) |
| Hourly BBV | 0 () |
| Intraday Trend | -1.3% |
| | |
| |
|