| PDD latest price $42.8450 (8.98%) ($42.8450 - $42.8450) on Fri. Mar. 18, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 9.55% (three month average) |
RSI | 47 |
Latest Price | $42.8450(8.98%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 6.5% a day on average for past five trading days. |
Weekly Trend | PDD declines -13.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support PDD advance at 0% a week (0% probability) KWEB(86%) MCHI(79%) FXI(77%) EEM(69%) ONLN(56%) |
Factors Impacting PDD price | PDD will decline at least -4.775% in a week (0% probabilities). VIXM(-21%) UUP(-15%) VXX(-7%) TBT(-7%) 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 | -4.775% (StdDev 9.55%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0% |
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