| PDD latest price $89.7700 (1.18%) ($89.7700 - $89.7700) on Wed. Dec. 14, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.38% (three month average) |
RSI | 82 |
Latest Price | $89.7700(1.18%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 0.9% a day on average for past five trading days. |
Weekly Trend | PDD advances 9.3% 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(71%) MCHI(64%) FXI(60%) EEM(58%) ONLN(46%) |
Factors Impacting PDD price | PDD will decline at least -2.69% in a week (0% probabilities). IGOV(-9%) ACES(-9%) VWO(-7%) USO(-5%) TBT(-5%) |
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 | -2.69% (StdDev 5.38%) |
Hourly BBV | 1 () |
Intraday Trend | 0% |
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