| PDD latest price $82.8700 (6.25%) ($78.5000 - $83.8900) on Wed. Jun. 17, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.36% (three month average) |
RSI | 83 |
Latest Price | $82.8700(6.25%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 2.7% a day on average for past five trading days. |
Weekly Trend | PDD advances 8.3% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based sell-off 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 -2.18% 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 | -2.18% (StdDev 4.36%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0% |
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