| PDD latest price $61.6300 (-3.58%) ($61.6300 - $61.6300) on Mon. Dec. 13, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.39% (three month average) |
RSI | 34 |
Latest Price | $61.6300(-3.58%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 1.8% a day on average for past five trading days. |
Weekly Trend | PDD declines -9.1% 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(86%) MCHI(79%) FXI(77%) EEM(68%) ONLN(57%) |
Factors Impacting PDD price | PDD will decline at least -2.195% in a week (0% probabilities). VIXM(-24%) UUP(-16%) VXX(-8%) TBT(-5%) 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 | -2.195% (StdDev 4.39%) |
Hourly BBV | -0.9 () |
Intraday Trend | 0% |
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