| PDD latest price $57.0200 (1.82%) ($54.1900 - $57.0200) on Mon. Jan. 10, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.86% (three month average) |
RSI | 55 |
Latest Price | $57.0200(1.82%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 0.4% a day on average for past five trading days. |
Weekly Trend | PDD declines -4.3% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Value stock 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 -2.43% in a week (0% probabilities). VIXM(-23%) UUP(-17%) VXX(-8%) TBT(-6%) 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 | -2.43% (StdDev 4.86%) |
Hourly BBV | 0.7 () |
Intraday Trend | 0% |
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