| PDD latest price $77.4550 (1.77%) ($77.4550 - $77.4550) on Tue. Jun. 13, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.2% (three month average) |
RSI | 72 |
Latest Price | $77.4550(1.77%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 1.2% a day on average for past five trading days. |
Weekly Trend | PDD advances 8.3% 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(70%) MCHI(65%) EEM(60%) FXI(60%) VWO(60%) |
Factors Impacting PDD price | PDD will decline at least -2.1% in a week (0% probabilities). VIXM(-27%) VXX(-26%) UUP(-17%) TBT(-10%) UNG(1%) |
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 | -2.1% (StdDev 4.2%) |
Hourly BBV | 0.7 () |
Intraday Trend | 0% |
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