| PDD latest price $99.2900 (1.83%) ($99.2900 - $99.2900) on Wed. Oct. 20, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.01% (three month average) |
RSI | 62 |
Latest Price | $99.2900(1.83%) |
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 4.4% a week on average for past two weeks. |
Market Behavior | Value stock rally 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(68%) ONLN(57%) |
Factors Impacting PDD price | PDD will decline at least -2.505% in a week (0% probabilities). VIXM(-26%) UUP(-15%) VXX(-10%) TBT(-2%) IGOV(-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 | -2.505% (StdDev 5.01%) |
Hourly BBV | 1 () |
Intraday Trend | 0% |
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