| PDD latest price $99.8100 (0.18%) ($99.8100 - $99.8100) on Mon. Sep. 18, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.59% (three month average) |
RSI | 79 |
Latest Price | $99.8100(0.18%) |
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 2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support PDD advance at 0% a week (0% probability) KWEB(55%) MCHI(48%) EEM(43%) VWO(43%) ONLN(39%) |
Factors Impacting PDD price | PDD will decline at least -1.795% in a week (0% probabilities). VIXM(-20%) VXX(-18%) TBT(-9%) UUP(-8%) UNG(-3%) |
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 | -1.795% (StdDev 3.59%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0% |
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