| PDD latest price $137.8000 (-6.54%) ($137.8000 - $137.8000) on Wed. Apr. 7, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.42% (three month average) |
RSI | 40 |
Latest Price | $137.8000(-6.54%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 0.4% a day on average for past five trading days. |
Weekly Trend | PDD advances 0.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off 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(56%) |
Factors Impacting PDD price | PDD will decline at least -2.21% in a week (0% probabilities). VIXM(-24%) UUP(-15%) VXX(-10%) IGOV(-7%) TIP(-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 | -2.21% (StdDev 4.42%) |
Hourly BBV | -1.4 () |
Intraday Trend | 0% |
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