| PDD latest price $69.5250 (0.41%) ($69.5250 - $69.5250) on Fri. Jun. 2, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.23% (three month average) |
RSI | 60 |
Latest Price | $69.5250(0.41%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 2.9% a day on average for past five trading days. |
Weekly Trend | PDD advances 3.6% 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(63%) VWO(61%) EEM(60%) FXI(58%) |
Factors Impacting PDD price | PDD will decline at least -2.115% in a week (0% probabilities). VIXM(-28%) VXX(-27%) UUP(-17%) TBT(-10%) UNG(-0%) |
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 | -2.115% (StdDev 4.23%) |
Hourly BBV | 0.6 () |
Intraday Trend | 0% |
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