| PDD latest price $98.3350 (0.04%) ($98.3350 - $98.5600) on Thu. Oct. 5, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.42% (three month average) |
RSI | 46 |
Latest Price | $98.3350(0.04%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 0.6% a day on average for past five trading days. |
Weekly Trend | PDD advances 1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support PDD advance at 0% a week (0% probability) KWEB(53%) MCHI(45%) EEM(40%) VWO(40%) ONLN(37%) |
Factors Impacting PDD price | PDD will decline at least -1.71% in a week (0% probabilities). VIXM(-18%) VXX(-14%) UNG(-8%) UUP(-7%) TBT(-7%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.71% (StdDev 3.42%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
| |
|
|