| PDD latest price $67.8400 (-5.2%) ($67.6900 - $67.8400) on Tue. Sep. 13, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.65% (three month average) |
RSI | 76 |
Latest Price | $67.8400(-5.2%) |
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 8.5% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support PDD advance at 0% a week (0% probability) KWEB(76%) MCHI(71%) FXI(67%) EEM(64%) ONLN(52%) |
Factors Impacting PDD price | PDD will decline at least -2.325% in a week (0% probabilities). UUP(-11%) TBT(-10%) VIXM(-7%) VXX(-4%) UNG(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 | -2.325% (StdDev 4.65%) |
Hourly BBV | -2.3 () |
Intraday Trend | 0% |
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