| PDD latest price $33.8000 (6.36%) ($31.4100 - $33.8400) on Thu. Mar. 19, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.13% (three month average) |
RSI | 46 |
Latest Price | $33.8000(6.36%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 0.6% a day on average for past five trading days. |
Weekly Trend | PDD declines -4.8% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support PDD advance at 0% a week (0% probability) KWEB(80%) MCHI(70%) FXI(66%) EEM(54%) ONLN(54%) |
Factors Impacting PDD price | PDD will decline at least -1.565% in a week (0% probabilities). VIXM(-21%) UUP(-13%) VXX(-12%) TBT(-2%) IGOV(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.565% (StdDev 3.13%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0% |
| |
|
|