| PDD latest price $57.8550 (5.31%) ($55.7210 - $60.6000) on Tue. May. 12, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.83% (three month average) |
RSI | 58 |
Latest Price | $57.8550(5.31%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 3.6% a day on average for past five trading days. |
Weekly Trend | PDD advances 4% 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(81%) MCHI(72%) FXI(68%) EEM(61%) ONLN(55%) |
Factors Impacting PDD price | PDD will decline at least -1.915% in a week (0% probabilities). VIXM(-21%) 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 | -1.915% (StdDev 3.83%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0% |
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