| PDD latest price $60.7750 (11.49%) ($60.7750 - $60.7750) on Tue. Jun. 14, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 9.74% (three month average) |
RSI | 78 |
Latest Price | $60.7750(11.49%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 0.5% a day on average for past five trading days. |
Weekly Trend | PDD advances 16.8% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Normal 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 -4.87% 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 | -4.87% (StdDev 9.74%) |
Hourly BBV | 0.9 () |
Intraday Trend | 0% |
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