| PDD latest price $152.8300 (8.9%) ($152.8300 - $152.8300) on Thu. Dec. 24, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.98% (three month average) |
RSI | 55 |
Latest Price | $152.8300(8.9%) |
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 -1.6% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support PDD advance at 0% a week (0% probability) KWEB(85%) MCHI(78%) FXI(75%) EEM(68%) ONLN(56%) |
Factors Impacting PDD price | PDD will decline at least -2.49% in a week (0% probabilities). VIXM(-24%) UUP(-16%) VXX(-10%) EDOC(-6%) TBT(-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 | -2.49% (StdDev 4.98%) |
Hourly BBV | -2.4 () |
Intraday Trend | 0% |
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