| PDD latest price $65.7800 (2.37%) ($65.7800 - $65.7800) on Fri. Jun. 24, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 6.36% (three month average) |
RSI | 68 |
Latest Price | $65.7800(2.37%) |
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 4.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support PDD advance at 0% a week (0% probability) KWEB(75%) MCHI(69%) FXI(65%) EEM(60%) ONLN(49%) |
Factors Impacting PDD price | PDD will decline at least -3.18% in a week (0% probabilities). UUP(-11%) VIXM(-9%) TBT(-5%) VXX(-4%) EDOC(-0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.18% (StdDev 6.36%) |
Hourly BBV | 1.7 () |
Intraday Trend | 0% |
| |
|
|