| PDD latest price $85.4700 (-0.41%) ($83.0000 - $86.2400) on Wed. Jul. 1, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.37% (three month average) |
RSI | 75 |
Latest Price | $85.4700(-0.41%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 0.2% a day on average for past five trading days. |
Weekly Trend | PDD advances 5.6% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Value stock 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(63%) ONLN(55%) |
Factors Impacting PDD price | PDD will decline at least -2.185% 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 | -2.185% (StdDev 4.37%) |
Hourly BBV | -0.6 () |
Intraday Trend | 0% |
| |
|
|