| PDD latest price $132.8650 (6.45%) ($132.8650 - $133.4200) on Tue. Jun. 29, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.46% (three month average) |
RSI | 58 |
Latest Price | $132.8650(6.45%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 2.3% a day on average for past five trading days. |
Weekly Trend | PDD advances 1.9% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support PDD advance at 0% a week (0% probability) KWEB(86%) MCHI(79%) FXI(76%) EEM(69%) ONLN(57%) |
Factors Impacting PDD price | PDD will decline at least -1.73% in a week (0% probabilities). VIXM(-26%) UUP(-14%) VXX(-10%) TIP(-2%) UNG(-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 | -1.73% (StdDev 3.46%) |
Hourly BBV | 2.1 () |
Intraday Trend | 0% |
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