| PDD latest price $115.1000 (1.74%) ($115.1000 - $115.1000) on Fri. Nov. 17, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.97% (three month average) |
RSI | 70 |
Latest Price | $115.1000(1.74%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 1.1% a day on average for past five trading days. |
Weekly Trend | PDD advances 4.4% 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(40%) MCHI(35%) EEM(33%) VWO(32%) EWY(31%) |
Factors Impacting PDD price | PDD will decline at least -1.485% in a week (0% probabilities). UNG(-23%) SMH(-21%) PAVE(-17%) VXX(-15%) VIXM(-14%) |
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 | -1.485% (StdDev 2.97%) |
Hourly BBV | 0.7 () |
Intraday Trend | 0% |
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