| PDD latest price $77.5800 (6.17%) ($72.3100 - $78.4400) on Mon. Jun. 15, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.4% (three month average) |
RSI | 67 |
Latest Price | $77.5800(6.17%) |
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 7.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support PDD advance at 0% a week (0% probability) KWEB(82%) MCHI(73%) FXI(70%) EEM(62%) ONLN(55%) |
Factors Impacting PDD price | PDD will decline at least -2.2% 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 | -2.2% (StdDev 4.4%) |
Hourly BBV | 1.8 () |
Intraday Trend | 0% |
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