| PDD latest price $29.0100 (-1.26%) ($28.9100 - $31.0000) on Mon. Feb. 25, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.69% (three month average) |
RSI | 45 |
Latest Price | $29.0100(-1.26%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 1% a day on average for past five trading days. |
Weekly Trend | PDD advances 2.1% 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(78%) MCHI(67%) FXI(63%) ONLN(53%) EEM(51%) |
Factors Impacting PDD price | PDD will decline at least -1.845% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.845% (StdDev 3.69%) |
Hourly BBV | 0 () |
Intraday Trend | -5.5% |
| |
|
|