| PDD latest price $84.6600 (0.04%) ($82.3250 - $85.0900) on Tue. Oct. 13, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.49% (three month average) |
RSI | 64 |
Latest Price | $84.6600(0.04%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 3% a day on average for past five trading days. |
Weekly Trend | PDD advances 3.4% a week on average for past two weeks. |
Market Behavior | Broad based 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(84%) MCHI(77%) FXI(73%) EEM(66%) ONLN(56%) |
Factors Impacting PDD price | PDD will decline at least -1.745% in a week (0% probabilities). VIXM(-23%) UUP(-16%) VXX(-10%) IGOV(-8%) 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 | -1.745% (StdDev 3.49%) |
Hourly BBV | 0.8 () |
Intraday Trend | 0% |
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