| PDD latest price $96.2900 (0.48%) ($96.2900 - $96.2900) on Fri. Jan. 6, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.37% (three month average) |
RSI | 66 |
Latest Price | $96.2900(0.48%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 3.2% a day on average for past five trading days. |
Weekly Trend | PDD advances 2.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support PDD advance at 0% a week (0% probability) KWEB(71%) MCHI(65%) FXI(60%) EEM(59%) ONLN(46%) |
Factors Impacting PDD price | PDD will decline at least -2.685% in a week (0% probabilities). IGOV(-11%) ACES(-11%) VWO(-9%) TBT(-6%) BLOK(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.685% (StdDev 5.37%) |
Hourly BBV | 1 () |
Intraday Trend | 0% |
| |
|
|