| PDD latest price $35.7400 (-4.69%) ($35.7400 - $35.7400) on Tue. Mar. 3, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.78% (three month average) |
RSI | 50 |
Latest Price | $35.7400(-4.69%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 1.7% a day on average for past five trading days. |
Weekly Trend | PDD declines -1.2% a week on average for past two weeks. |
Market Behavior | Broad based sell-off 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 -1.39% in a week (0% probabilities). VIXM(-20%) UUP(-13%) VXX(-12%) TBT(-2%) IGOV(-2%) |
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 | -1.39% (StdDev 2.78%) |
Hourly BBV | -0.6 () |
Intraday Trend | 0% |
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