| PDD latest price $94.8900 (2.25%) ($94.8900 - $94.8900) on Fri. Nov. 12, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.5% (three month average) |
RSI | 41 |
Latest Price | $94.8900(2.25%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 2.6% a day on average for past five trading days. |
Weekly Trend | PDD declines -2.7% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal 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 -2.25% 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 | -2.25% (StdDev 4.5%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
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