| PDD latest price $78.5350 (5.83%) ($78.5350 - $78.5350) on Tue. Nov. 29, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.47% (three month average) |
RSI | 69 |
Latest Price | $78.5350(5.83%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 3.2% a day on average for past five trading days. |
Weekly Trend | PDD advances 5.1% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support PDD advance at 0% a week (0% probability) KWEB(71%) MCHI(64%) FXI(60%) EEM(57%) ONLN(46%) |
Factors Impacting PDD price | PDD will decline at least -2.735% in a week (0% probabilities). ACES(-9%) IGOV(-8%) XOP(-6%) XLE(-5%) TBT(-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 | -2.735% (StdDev 5.47%) |
Hourly BBV | 1 () |
Intraday Trend | 0% |
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