| PDD latest price $93.9500 (-2.18%) ($92.7000 - $97.3300) on Tue. Aug. 4, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.31% (three month average) |
RSI | 62 |
Latest Price | $93.9500(-2.18%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 2.3% a day on average for past five trading days. |
Weekly Trend | PDD advances 4.4% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally 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 -2.155% in a week (0% probabilities). VIXM(-23%) UUP(-17%) 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 | -2.155% (StdDev 4.31%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
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