| PDD latest price $196.0700 (-0.6%) ($196.0700 - $196.0700) on Fri. Feb. 5, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.55% (three month average) |
RSI | 74 |
Latest Price | $196.0700(-0.6%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 3.2% a day on average for past five trading days. |
Weekly Trend | PDD advances 5.9% 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(76%) EEM(68%) ONLN(57%) |
Factors Impacting PDD price | PDD will decline at least -2.775% in a week (0% probabilities). VIXM(-24%) UUP(-15%) VXX(-10%) TIP(-1%) TBT(-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 | -2.775% (StdDev 5.55%) |
Hourly BBV | -0.4 () |
Intraday Trend | 0% |
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