| PDD latest price $23.9600 (3.59%) ($23.3000 - $24.0400) on Fri. May. 3, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.68% (three month average) |
RSI | 66 |
Latest Price | $23.9600(3.59%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 1.8% a day on average for past five trading days. |
Weekly Trend | PDD advances 0.8% 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(78%) MCHI(68%) FXI(64%) ONLN(54%) EEM(52%) |
Factors Impacting PDD price | PDD will decline at least -1.84% in a week (0% probabilities). VXX(-10%) VIXM(-3%) TLT(-1%) IFRA(-1%) TIP(-0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.84% (StdDev 3.68%) |
Hourly BBV | 0 () |
Intraday Trend | 2.2% |
| |
|
|