| PDD latest price $55.7700 (4.37%) ($55.7700 - $55.7700) on Thu. Jul. 21, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.89% (three month average) |
RSI | 40 |
Latest Price | $55.7700(4.37%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 0.4% a day on average for past five trading days. |
Weekly Trend | PDD declines -7% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support PDD advance at 0% a week (0% probability) KWEB(74%) MCHI(68%) FXI(65%) EEM(60%) ONLN(48%) |
Factors Impacting PDD price | PDD will decline at least -2.945% in a week (0% probabilities). UUP(-11%) EDOC(-11%) VIXM(-7%) TBT(-7%) VXX(-5%) |
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 | -2.945% (StdDev 5.89%) |
Hourly BBV | 1 () |
Intraday Trend | 0% |
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