| PDD latest price $33.6100 (8.66%) ($31.2000 - $33.8800) on Thu. Aug. 29, 2019. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 2.86% (three month average) |
| RSI | 89 |
| Latest Price | $33.6100(8.66%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | PDD advances 2% a day on average for past five trading days. |
| Weekly Trend | PDD advances 15.4% 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 -1.43% in a week (0% probabilities).
VIXM(-21%) VXX(-12%) UUP(-11%) TLT(-1%) IFRA(-1%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -1.43% (StdDev 2.86%) |
| Hourly BBV | 0 () |
| Intraday Trend | 6.7% |
| | |
| |
|