| PDD latest price $89.1050 (4.78%) ($85.7100 - $91.5500) on Mon. Aug. 17, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.35% (three month average) |
RSI | 59 |
Latest Price | $89.1050(4.78%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 0.4% a day on average for past five trading days. |
Weekly Trend | PDD declines -0.3% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support PDD advance at 0% a week (0% probability) KWEB(83%) MCHI(76%) FXI(72%) EEM(65%) ONLN(55%) |
Factors Impacting PDD price | PDD will decline at least -2.175% 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 | -2.175% (StdDev 4.35%) |
Hourly BBV | 0.6 () |
Intraday Trend | 0% |
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