| PDD latest price $47.5000 (-3.79%) ($47.5000 - $47.5000) on Wed. Aug. 17, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.26% (three month average) |
RSI | 43 |
Latest Price | $47.5000(-3.79%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 0.1% a day on average for past five trading days. |
Weekly Trend | PDD advances 0.2% 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(75%) MCHI(69%) FXI(65%) EEM(61%) ONLN(49%) |
Factors Impacting PDD price | PDD will decline at least -2.63% in a week (0% probabilities). UUP(-10%) VIXM(-8%) TBT(-8%) VXX(-5%) EDOC(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 | -2.63% (StdDev 5.26%) |
Hourly BBV | -1.7 () |
Intraday Trend | 0% |
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