| PDD latest price $95.4100 (-0.21%) ($95.4100 - $95.4100) on Fri. Mar. 3, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.4% (three month average) |
RSI | 53 |
Latest Price | $95.4100(-0.21%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 2.7% a day on average for past five trading days. |
Weekly Trend | PDD declines -1.7% 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(68%) MCHI(62%) FXI(57%) VWO(57%) EEM(56%) |
Factors Impacting PDD price | PDD will decline at least -1.7% in a week (0% probabilities). VIXM(-23%) EDOC(-15%) UUP(-13%) VXX(-5%) TBT(-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 | -1.7% (StdDev 3.4%) |
Hourly BBV | 0.7 () |
Intraday Trend | 0% |
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