| PDD latest price $66.8500 (10.77%) ($61.0950 - $67.0900) on Fri. May. 29, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.58% (three month average) |
RSI | 68 |
Latest Price | $66.8500(10.77%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 2.2% a day on average for past five trading days. |
Weekly Trend | PDD advances 5.3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal 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(54%) |
Factors Impacting PDD price | PDD will decline at least -2.29% in a week (0% probabilities). VIXM(-21%) UUP(-15%) VXX(-11%) IYT(-5%) TBT(-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 | -2.29% (StdDev 4.58%) |
Hourly BBV | 2.3 () |
Intraday Trend | 0% |
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