| PDD latest price $62.3800 (-1.19%) ($62.3800 - $62.3800) on Wed. Dec. 8, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.36% (three month average) |
RSI | 27 |
Latest Price | $62.3800(-1.19%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 0.1% a day on average for past five trading days. |
Weekly Trend | PDD declines -15.7% a week on average for past two weeks. |
Market Behavior | Growth stock 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(85%) MCHI(79%) FXI(77%) EEM(68%) ONLN(58%) |
Factors Impacting PDD price | PDD will decline at least -2.18% in a week (0% probabilities). VIXM(-25%) UUP(-16%) VXX(-9%) TBT(-4%) UNG(-1%) |
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 | -2.18% (StdDev 4.36%) |
Hourly BBV | 0.5 () |
Intraday Trend | 0% |
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