| PDD latest price $23.7800 (6.35%) ($22.5100 - $24.0000) on Tue. Aug. 13, 2019. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.34% (three month average) |
| RSI | 76 |
| Latest Price | $23.7800(6.35%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | PDD advances 1.7% a day on average for past five trading days. |
| Weekly Trend | PDD advances 2.6% 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(79%) MCHI(69%) FXI(65%) ONLN(54%) EEM(52%) |
| Factors Impacting PDD price | PDD will decline at least -1.17% in a week (0% probabilities).
VIXM(-21%) VXX(-13%) UUP(-11%) TLT(-1%) IFRA(-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 | -1.17% (StdDev 2.34%) |
| Hourly BBV | 0 () |
| Intraday Trend | 5.4% |
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