| PDD latest price $65.2650 (7.29%) ($65.2650 - $65.2650) on Thu. May. 11, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.6% (three month average) |
RSI | 41 |
Latest Price | $65.2650(7.29%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 0.4% a day on average for past five trading days. |
Weekly Trend | PDD declines -3% a week on average for past two weeks. |
Market Behavior | Value stocks 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%) VWO(60%) EEM(59%) FXI(58%) |
Factors Impacting PDD price | PDD will decline at least -1.8% in a week (0% probabilities). VIXM(-27%) VXX(-25%) UUP(-17%) TBT(-8%) UNG(-4%) |
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 | -1.8% (StdDev 3.6%) |
Hourly BBV | 1.7 () |
Intraday Trend | 0% |
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