| PDD latest price $90.3500 (-2.02%) ($88.4200 - $94.3000) on Thu. Jul. 9, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.58% (three month average) |
RSI | 61 |
Latest Price | $90.3500(-2.02%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 1.1% a day on average for past five trading days. |
Weekly Trend | PDD advances 4% 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(74%) FXI(70%) EEM(64%) ONLN(55%) |
Factors Impacting PDD price | PDD will decline at least -2.29% 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 | -2.29% (StdDev 4.58%) |
Hourly BBV | -0.3 () |
Intraday Trend | 0% |
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