| PDD latest price $97.1800 (3.02%) ($97.1800 - $97.1800) on Thu. Feb. 16, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.53% (three month average) |
RSI | 40 |
Latest Price | $97.1800(3.02%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 0.7% a day on average for past five trading days. |
Weekly Trend | PDD declines -2.6% 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(69%) MCHI(62%) FXI(58%) EEM(57%) VWO(57%) |
Factors Impacting PDD price | PDD will decline at least -1.765% in a week (0% probabilities). VIXM(-25%) UUP(-14%) TBT(-7%) VXX(-5%) VCSH(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 | -1.765% (StdDev 3.53%) |
Hourly BBV | 1.8 () |
Intraday Trend | 0% |
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