| PDD latest price $85.9800 (1.75%) ($83.6000 - $87.5000) on Thu. Jun. 25, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.38% (three month average) |
RSI | 75 |
Latest Price | $85.9800(1.75%) |
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 9.5% 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(70%) EEM(63%) ONLN(55%) |
Factors Impacting PDD price | PDD will decline at least -2.19% in a week (0% probabilities). VIXM(-22%) UUP(-16%) VXX(-10%) IYT(-4%) TBT(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.19% (StdDev 4.38%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0% |
| |
|
|