| PDD latest price $148.0900 (-5.99%) ($148.0900 - $148.0900) on Wed. Dec. 9, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.82% (three month average) |
RSI | 63 |
Latest Price | $148.0900(-5.99%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 0.6% 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 | Growth stock sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support PDD advance at 0% a week (0% probability) KWEB(84%) MCHI(78%) FXI(75%) EEM(68%) ONLN(56%) |
Factors Impacting PDD price | PDD will decline at least -2.41% in a week (0% probabilities). VIXM(-24%) UUP(-16%) VXX(-11%) IGOV(-4%) EDOC(-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 | -2.41% (StdDev 4.82%) |
Hourly BBV | -1.2 () |
Intraday Trend | 0% |
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