| PDD latest price $72.9300 (7.27%) ($72.9300 - $72.9300) on Tue. Jun. 6, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.34% (three month average) |
RSI | 59 |
Latest Price | $72.9300(7.27%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 1.6% a day on average for past five trading days. |
Weekly Trend | PDD advances 4.5% 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(65%) VWO(61%) EEM(60%) FXI(60%) |
Factors Impacting PDD price | PDD will decline at least -2.17% in a week (0% probabilities). VIXM(-28%) VXX(-26%) UUP(-18%) TBT(-8%) UNG(2%) |
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 | -2.17% (StdDev 4.34%) |
Hourly BBV | 1.7 () |
Intraday Trend | 0% |
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