| PDD latest price $54.6900 (9.29%) ($50.7200 - $55.1200) on Fri. May. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.79% (three month average) |
RSI | 58 |
Latest Price | $54.6900(9.29%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 3.9% a day on average for past five trading days. |
Weekly Trend | PDD declines -0.3% 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(81%) MCHI(72%) FXI(68%) EEM(61%) ONLN(55%) |
Factors Impacting PDD price | PDD will decline at least -1.895% in a week (0% probabilities). VIXM(-22%) UUP(-15%) VXX(-11%) TBT(-3%) IYT(-3%) |
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 | -1.895% (StdDev 3.79%) |
Hourly BBV | 2.2 () |
Intraday Trend | 0% |
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