| PDD latest price $39.2600 (1.78%) ($39.2600 - $39.2600) on Fri. Dec. 27, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.12% (three month average) |
RSI | 59 |
Latest Price | $39.2600(1.78%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 0.9% a day on average for past five trading days. |
Weekly Trend | PDD advances 0.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support PDD advance at 0% a week (0% probability) KWEB(80%) MCHI(70%) FXI(66%) ONLN(54%) EEM(53%) |
Factors Impacting PDD price | PDD will decline at least -2.06% in a week (0% probabilities). VIXM(-21%) VXX(-12%) UUP(-12%) TBT(-1%) TLT(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 | -2.06% (StdDev 4.12%) |
Hourly BBV | 0.5 () |
Intraday Trend | 0% |
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