| PDD latest price $64.6850 (-1.66%) ($64.6850 - $64.6850) on Mon. Jun. 27, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.37% (three month average) |
RSI | 64 |
Latest Price | $64.6850(-1.66%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 1.8% a day on average for past five trading days. |
Weekly Trend | PDD advances 3.9% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support PDD advance at 0% a week (0% probability) KWEB(75%) MCHI(69%) FXI(65%) EEM(60%) ONLN(49%) |
Factors Impacting PDD price | PDD will decline at least -3.185% in a week (0% probabilities). UUP(-11%) VIXM(-9%) TBT(-6%) VXX(-4%) EDOC(-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 | -3.185% (StdDev 6.37%) |
Hourly BBV | 0.2 () |
Intraday Trend | 0% |
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