| PDD latest price $97.3100 (-7.04%) ($97.3100 - $97.3100) on Mon. Jan. 30, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.88% (three month average) |
RSI | 53 |
Latest Price | $97.3100(-7.04%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 0.4% a day on average for past five trading days. |
Weekly Trend | PDD advances 3.1% 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(70%) MCHI(64%) FXI(60%) EEM(59%) VWO(59%) |
Factors Impacting PDD price | PDD will decline at least -1.94% in a week (0% probabilities). VIXM(-26%) UUP(-16%) IGOV(-12%) TBT(-8%) VXX(-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 | -1.94% (StdDev 3.88%) |
Hourly BBV | -1.3 () |
Intraday Trend | 0% |
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