| PDD latest price $118.6950 (3.12%) ($118.6950 - $118.6950) on Mon. Nov. 20, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.93% (three month average) |
RSI | 83 |
Latest Price | $118.6950(3.12%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 1.7% a day on average for past five trading days. |
Weekly Trend | PDD advances 5% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support PDD advance at 0% a week (0% probability) KWEB(39%) MCHI(35%) EEM(32%) VWO(31%) EWY(30%) |
Factors Impacting PDD price | PDD will decline at least -1.465% in a week (0% probabilities). SMH(-34%) UNG(-25%) PAVE(-19%) XHB(-16%) PEJ(-15%) |
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 | -1.465% (StdDev 2.93%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
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