| PDD latest price $36.0000 (5.54%) ($34.7600 - $36.1300) on Tue. Mar. 24, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.21% (three month average) |
RSI | 49 |
Latest Price | $36.0000(5.54%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 1.6% a day on average for past five trading days. |
Weekly Trend | PDD declines -3.7% 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(80%) MCHI(71%) FXI(67%) EEM(55%) ONLN(54%) |
Factors Impacting PDD price | PDD will decline at least -1.605% in a week (0% probabilities). VIXM(-20%) UUP(-13%) VXX(-11%) IGOV(-3%) TBT(-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 | -1.605% (StdDev 3.21%) |
Hourly BBV | 1.7 () |
Intraday Trend | 0% |
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