| PDD latest price $63.3100 (-3%) ($63.3100 - $63.3100) on Fri. May. 12, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.59% (three month average) |
RSI | 43 |
Latest Price | $63.3100(-3%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 0.1% a day on average for past five trading days. |
Weekly Trend | PDD declines -2.8% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support PDD advance at 0% a week (0% probability) KWEB(70%) MCHI(63%) EEM(59%) VWO(59%) FXI(58%) |
Factors Impacting PDD price | PDD will decline at least -1.795% in a week (0% probabilities). VIXM(-26%) VXX(-24%) UUP(-17%) TBT(-11%) UNG(-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 | -1.795% (StdDev 3.59%) |
Hourly BBV | 0.1 () |
Intraday Trend | 0% |
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