| PDD latest price $37.7200 (-2.56%) ($37.1600 - $38.8500) on Wed. Dec. 18, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.3% (three month average) |
RSI | 62 |
Latest Price | $37.7200(-2.56%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 0.2% a day on average for past five trading days. |
Weekly Trend | PDD advances 2.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support PDD advance at 0% a week (0% probability) KWEB(80%) MCHI(70%) FXI(66%) ONLN(54%) EEM(53%) |
Factors Impacting PDD price | PDD will decline at least -2.15% in a week (0% probabilities). VIXM(-20%) VXX(-12%) UUP(-12%) TBT(-1%) TLT(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 | -2.15% (StdDev 4.3%) |
Hourly BBV | 0 () |
Intraday Trend | -2.7% |
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