| PDD latest price $20.3800 (6.42%) ($18.5000 - $20.4900) on Thu. Nov. 15, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 7.45% (three month average) |
RSI | 60 |
Latest Price | $20.3800(6.42%) |
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 0.3% 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(76%) MCHI(66%) FXI(63%) ONLN(52%) EEM(51%) |
Factors Impacting PDD price | PDD will decline at least -3.725% in a week (0% probabilities). VXX(-10%) VIXM(-4%) UUP(-3%) TLT(-2%) XHB(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.725% (StdDev 7.45%) |
Hourly BBV | 0 () |
Intraday Trend | 9% |
| |
|
|