| PDD latest price $66.0900 (4.39%) ($66.0900 - $66.0900) on Mon. May. 15, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.65% (three month average) |
RSI | 54 |
Latest Price | $66.0900(4.39%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 1.3% a day on average for past five trading days. |
Weekly Trend | PDD declines -2.3% a week on average for past two weeks. |
Market Behavior | Value stock 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(70%) MCHI(64%) EEM(60%) VWO(60%) FXI(59%) |
Factors Impacting PDD price | PDD will decline at least -1.825% in a week (0% probabilities). VIXM(-27%) VXX(-25%) UUP(-18%) TBT(-11%) UNG(-6%) |
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 | -1.825% (StdDev 3.65%) |
Hourly BBV | 1.6 () |
Intraday Trend | 0% |
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