| PDD latest price $139.5000 (11.66%) ($139.5000 - $139.5000) on Tue. Jun. 1, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.5% (three month average) |
RSI | 60 |
Latest Price | $139.5000(11.66%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 1.4% a day on average for past five trading days. |
Weekly Trend | PDD advances 2.8% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Value stock 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(69%) ONLN(56%) |
Factors Impacting PDD price | PDD will decline at least -2.25% in a week (0% probabilities). VIXM(-25%) UUP(-14%) VXX(-10%) TIP(-2%) UNG(-0%) |
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 | -2.25% (StdDev 4.5%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0% |
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