| PDD latest price $30.1900 (4.1%) ($28.5200 - $30.4000) on Tue. Jan. 29, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.93% (three month average) |
RSI | 74 |
Latest Price | $30.1900(4.1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 3.6% a day on average for past five trading days. |
Weekly Trend | PDD advances 7.6% 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(77%) MCHI(67%) FXI(63%) ONLN(53%) EEM(51%) |
Factors Impacting PDD price | PDD will decline at least -2.465% in a week (0% probabilities). VXX(-10%) VIXM(-3%) UUP(-3%) XHB(-2%) TLT(-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 | -2.465% (StdDev 4.93%) |
Hourly BBV | 0 () |
Intraday Trend | 4.9% |
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