| PDD latest price $89.8650 (0.65%) ($89.8650 - $89.8650) on Mon. Jul. 31, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.19% (three month average) |
RSI | 80 |
Latest Price | $89.8650(0.65%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 2.6% a day on average for past five trading days. |
Weekly Trend | PDD advances 6.3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support PDD advance at 0% a week (0% probability) KWEB(62%) MCHI(58%) VWO(52%) EEM(51%) FXI(50%) |
Factors Impacting PDD price | PDD will decline at least -2.095% in a week (0% probabilities). VIXM(-24%) VXX(-23%) UUP(-12%) IGOV(-8%) TBT(-7%) |
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 | -2.095% (StdDev 4.19%) |
Hourly BBV | 1 () |
Intraday Trend | 0% |
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