| PDD latest price $90.3050 (-1.22%) ($87.1500 - $93.0000) on Wed. Sep. 2, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.83% (three month average) |
RSI | 53 |
Latest Price | $90.3050(-1.22%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 0.3% a day on average for past five trading days. |
Weekly Trend | PDD declines -0.1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support PDD advance at 0% a week (0% probability) KWEB(83%) MCHI(76%) FXI(73%) EEM(66%) ONLN(56%) |
Factors Impacting PDD price | PDD will decline at least -1.915% in a week (0% probabilities). VIXM(-23%) UUP(-16%) VXX(-11%) TBT(-3%) IGOV(-2%) |
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 | -1.915% (StdDev 3.83%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
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