| PDD latest price $66.0800 (-0.65%) ($66.0800 - $66.0800) on Wed. Oct. 5, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.38% (three month average) |
RSI | 43 |
Latest Price | $66.0800(-0.65%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 1% a day on average for past five trading days. |
Weekly Trend | PDD declines -1.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support PDD advance at 0% a week (0% probability) KWEB(76%) MCHI(70%) FXI(66%) EEM(63%) ONLN(51%) |
Factors Impacting PDD price | PDD will decline at least -2.19% in a week (0% probabilities). TBT(-10%) UUP(-8%) VIXM(-5%) VXX(-4%) 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 | -2.19% (StdDev 4.38%) |
Hourly BBV | 0.7 () |
Intraday Trend | 0% |
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