| PDD latest price $54.5100 (-9.12%) ($54.5100 - $54.5100) on Mon. Jun. 13, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 10.05% (three month average) |
RSI | 68 |
Latest Price | $54.5100(-9.12%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 0.3% a day on average for past five trading days. |
Weekly Trend | PDD advances 19.4% 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(76%) MCHI(70%) FXI(67%) EEM(61%) ONLN(50%) |
Factors Impacting PDD price | PDD will decline at least -5.025% in a week (0% probabilities). VIXM(-11%) UUP(-11%) VXX(-5%) TBT(-5%) UNG(-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 | -5.025% (StdDev 10.05%) |
Hourly BBV | -1.4 () |
Intraday Trend | 0% |
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