| PDD latest price $49.5750 (0.86%) ($49.1800 - $50.5840) on Fri. Apr. 24, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.55% (three month average) |
RSI | 82 |
Latest Price | $49.5750(0.86%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 2.1% a day on average for past five trading days. |
Weekly Trend | PDD advances 13.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support PDD advance at 0% a week (0% probability) KWEB(80%) MCHI(72%) FXI(68%) EEM(59%) ONLN(54%) |
Factors Impacting PDD price | PDD will decline at least -1.775% 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 | -1.775% (StdDev 3.55%) |
Hourly BBV | -0.8 () |
Intraday Trend | 0% |
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