| PDD latest price $180.0000 (2.02%) ($180.0000 - $180.0000) on Thu. Jan. 7, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.7% (three month average) |
RSI | 66 |
Latest Price | $180.0000(2.02%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 0.1% a day on average for past five trading days. |
Weekly Trend | PDD advances 10.6% 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(85%) MCHI(79%) FXI(75%) EEM(68%) ONLN(57%) |
Factors Impacting PDD price | PDD will decline at least -2.85% in a week (0% probabilities). VIXM(-24%) UUP(-16%) VXX(-10%) TBT(-2%) TIP(-1%) |
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 | -2.85% (StdDev 5.7%) |
Hourly BBV | -0.8 () |
Intraday Trend | 0% |
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