| PDD latest price $84.8600 (1.06%) ($83.6300 - $85.5700) on Thu. Jul. 30, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.26% (three month average) |
RSI | 43 |
Latest Price | $84.8600(1.06%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 1.4% a day on average for past five trading days. |
Weekly Trend | PDD declines -1.8% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off 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(83%) MCHI(75%) FXI(72%) EEM(65%) ONLN(55%) |
Factors Impacting PDD price | PDD will decline at least -2.13% in a week (0% probabilities). VIXM(-23%) UUP(-16%) VXX(-11%) EDOC(-8%) IYT(-4%) |
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 | -2.13% (StdDev 4.26%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
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