| PDD latest price $99.0400 (0.97%) ($99.0400 - $99.0400) on Thu. Sep. 14, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.63% (three month average) |
RSI | 80 |
Latest Price | $99.0400(0.97%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 0.5% a day on average for past five trading days. |
Weekly Trend | PDD advances 5.7% 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(58%) MCHI(51%) EEM(45%) VWO(44%) FXI(41%) |
Factors Impacting PDD price | PDD will decline at least -1.815% in a week (0% probabilities). VXX(-19%) VIXM(-18%) UUP(-9%) TBT(-9%) UNG(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.815% (StdDev 3.63%) |
Hourly BBV | 0.3 () |
Intraday Trend | 0% |
| |
|
|