| PDD latest price $36.6700 (5.22%) ($34.7800 - $36.7200) on Wed. Sep. 11, 2019. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.9% (three month average) |
| RSI | 80 |
| Latest Price | $36.6700(5.22%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | PDD advances 1.5% a day on average for past five trading days. |
| Weekly Trend | PDD advances 7.8% 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(79%) MCHI(69%) FXI(65%) ONLN(54%) EEM(52%) |
| Factors Impacting PDD price | PDD will decline at least -1.45% in a week (0% probabilities).
VIXM(-21%) VXX(-12%) UUP(-11%) TLT(-0%) TIP(0%) |
| 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 | -1.45% (StdDev 2.9%) |
| Hourly BBV | 0 () |
| Intraday Trend | 5.1% |
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