| PDD latest price $60.0500 (-4.55%) ($60.0500 - $60.0500) on Fri. Feb. 11, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.59% (three month average) |
RSI | 51 |
Latest Price | $60.0500(-4.55%) |
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 3.9% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Growth 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(77%) EEM(68%) ONLN(56%) |
Factors Impacting PDD price | PDD will decline at least -2.795% in a week (0% probabilities). VIXM(-22%) UUP(-16%) VXX(-8%) TBT(-6%) 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 | -2.795% (StdDev 5.59%) |
Hourly BBV | -2.1 () |
Intraday Trend | 0% |
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