| PDD latest price $19.8400 (-4.75%) ($19.6600 - $21.5800) on Mon. Nov. 19, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.43% (three month average) |
RSI | 63 |
Latest Price | $19.8400(-4.75%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 2.7% a day on average for past five trading days. |
Weekly Trend | PDD advances 1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off 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(76%) MCHI(66%) FXI(63%) ONLN(52%) EEM(51%) |
Factors Impacting PDD price | PDD will decline at least -3.715% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -3.715% (StdDev 7.43%) |
Hourly BBV | 0 () |
Intraday Trend | -2.9% |
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