| PDD latest price $158.5400 (-1.72%) ($158.5400 - $158.5400) on Mon. Mar. 15, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.14% (three month average) |
RSI | 39 |
Latest Price | $158.5400(-1.72%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 2.8% a day on average for past five trading days. |
Weekly Trend | PDD declines -6.3% a week on average for past two weeks. |
Market Behavior | Broad based rally 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 -2.57% in a week (0% probabilities). VIXM(-24%) UUP(-15%) VXX(-10%) IGOV(-6%) 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 | -2.57% (StdDev 5.14%) |
Hourly BBV | -0.5 () |
Intraday Trend | 0% |
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