| PDD latest price $45.1800 (3.03%) ($44.2000 - $46.4900) on Thu. Apr. 16, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.14% (three month average) |
RSI | 78 |
Latest Price | $45.1800(3.03%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 2.6% a day on average for past five trading days. |
Weekly Trend | PDD advances 9.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support PDD advance at 0% a week (0% probability) KWEB(80%) MCHI(71%) FXI(68%) EEM(59%) ONLN(54%) |
Factors Impacting PDD price | PDD will decline at least -1.57% in a week (0% probabilities). VIXM(-21%) UUP(-15%) VXX(-10%) IYT(-4%) TBT(-3%) |
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 | -1.57% (StdDev 3.14%) |
Hourly BBV | 0.9 () |
Intraday Trend | 0% |
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