| PDD latest price $98.3000 (0.37%) ($98.3000 - $98.3000) on Wed. Oct. 4, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.42% (three month average) |
RSI | 48 |
Latest Price | $98.3000(0.37%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 0.7% a day on average for past five trading days. |
Weekly Trend | PDD advances 0.1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support PDD advance at 0% a week (0% probability) KWEB(53%) MCHI(45%) EEM(40%) VWO(40%) ONLN(37%) |
Factors Impacting PDD price | PDD will decline at least -1.71% in a week (0% probabilities). VIXM(-18%) VXX(-14%) UNG(-8%) UUP(-7%) XLE(-6%) |
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 | -1.71% (StdDev 3.42%) |
Hourly BBV | -0.5 () |
Intraday Trend | 0% |
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