| PDD latest price $60.0600 (5.33%) ($60.0600 - $60.0600) on Tue. Jan. 11, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.92% (three month average) |
RSI | 51 |
Latest Price | $60.0600(5.33%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 3.9% a day on average for past five trading days. |
Weekly Trend | PDD declines -2.4% a week on average for past two weeks. |
Market Behavior | Broad based 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(86%) MCHI(79%) FXI(77%) EEM(68%) ONLN(57%) |
Factors Impacting PDD price | PDD will decline at least -2.46% 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 | -2.46% (StdDev 4.92%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
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