| PDD latest price $69.7500 (5.28%) ($67.5600 - $73.1700) on Fri. Jun. 5, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.53% (three month average) |
RSI | 61 |
Latest Price | $69.7500(5.28%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 0.9% a day on average for past five trading days. |
Weekly Trend | PDD advances 4.1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support PDD advance at 0% a week (0% probability) KWEB(82%) MCHI(73%) FXI(69%) EEM(62%) ONLN(55%) |
Factors Impacting PDD price | PDD will decline at least -2.265% in a week (0% probabilities). VIXM(-22%) UUP(-16%) VXX(-11%) 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 | -2.265% (StdDev 4.53%) |
Hourly BBV | 0.5 () |
Intraday Trend | 0% |
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