| PDD latest price $66.5550 (2.68%) ($66.5550 - $66.6000) on Tue. Jul. 5, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.06% (three month average) |
RSI | 72 |
Latest Price | $66.5550(2.68%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 0.6% a day on average for past five trading days. |
Weekly Trend | PDD advances 4% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Growth stock rally 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 -3.03% in a week (0% probabilities). UUP(-11%) VIXM(-8%) TBT(-7%) VXX(-4%) EDOC(-3%) |
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 | -3.03% (StdDev 6.06%) |
Hourly BBV | 1.7 () |
Intraday Trend | 0% |
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