| PDD latest price $97.0500 (3.74%) ($97.0500 - $97.0500) on Fri. Jan. 13, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.2% (three month average) |
RSI | 68 |
Latest Price | $97.0500(3.74%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 0.2% a day on average for past five trading days. |
Weekly Trend | PDD advances 6.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally 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%) VWO(59%) |
Factors Impacting PDD price | PDD will decline at least -2.6% in a week (0% probabilities). VIXM(-27%) UUP(-15%) IGOV(-12%) TBT(-7%) VXX(-6%) |
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 | -2.6% (StdDev 5.2%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0% |
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