| PDD latest price $95.8300 (5.26%) ($95.8300 - $95.8300) on Thu. Jan. 5, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.37% (three month average) |
RSI | 57 |
Latest Price | $95.8300(5.26%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 3.4% a day on average for past five trading days. |
Weekly Trend | PDD advances 0.2% 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(71%) MCHI(64%) FXI(60%) EEM(59%) ONLN(46%) |
Factors Impacting PDD price | PDD will decline at least -2.685% in a week (0% probabilities). IGOV(-12%) ACES(-11%) VWO(-9%) BLOK(-6%) USO(-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 | -2.685% (StdDev 5.37%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
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