| PDD latest price $172.5200 (-4.33%) ($172.5200 - $172.5200) on Mon. Jan. 11, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.67% (three month average) |
RSI | 62 |
Latest Price | $172.5200(-4.33%) |
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 10.5% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support PDD advance at 0% a week (0% probability) KWEB(85%) MCHI(79%) FXI(76%) EEM(68%) ONLN(57%) |
Factors Impacting PDD price | PDD will decline at least -2.835% in a week (0% probabilities). VIXM(-24%) UUP(-16%) VXX(-11%) 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 | -2.835% (StdDev 5.67%) |
Hourly BBV | -1 () |
Intraday Trend | 0% |
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