| PDD latest price $65.5850 (-0.75%) ($65.5850 - $65.5850) on Thu. Oct. 6, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.27% (three month average) |
RSI | 49 |
Latest Price | $65.5850(-0.75%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 1.5% a day on average for past five trading days. |
Weekly Trend | PDD advances 0.4% a week on average for past two weeks. |
Market Behavior | Broad based sell-off 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 -2.135% 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 | -2.135% (StdDev 4.27%) |
Hourly BBV | -1.2 () |
Intraday Trend | 0% |
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