| PDD latest price $189.4250 (0.6%) ($189.4250 - $189.4250) on Tue. Feb. 9, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.49% (three month average) |
RSI | 64 |
Latest Price | $189.4250(0.6%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 0.8% a day on average for past five trading days. |
Weekly Trend | PDD advances 5.8% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support PDD advance at 0% a week (0% probability) KWEB(85%) MCHI(79%) FXI(76%) EEM(69%) ONLN(57%) |
Factors Impacting PDD price | PDD will decline at least -2.745% in a week (0% probabilities). VIXM(-24%) UUP(-15%) VXX(-10%) TBT(-2%) TIP(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.745% (StdDev 5.49%) |
Hourly BBV | -1.1 () |
Intraday Trend | 0% |
| |
|
|