| PDD latest price $70.4250 (3.61%) ($70.4250 - $70.4250) on Thu. Nov. 17, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.73% (three month average) |
RSI | 78 |
Latest Price | $70.4250(3.61%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 2% a day on average for past five trading days. |
Weekly Trend | PDD advances 11.5% a week on average for past two weeks. |
Market Behavior | Normal 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(72%) MCHI(66%) FXI(62%) EEM(59%) ONLN(49%) |
Factors Impacting PDD price | PDD will decline at least -2.865% in a week (0% probabilities). TBT(-7%) ACES(-5%) VXX(-4%) IGOV(-4%) 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 | -2.865% (StdDev 5.73%) |
Hourly BBV | 0.2 () |
Intraday Trend | 0% |
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