| PDD latest price $117.4400 (-0.03%) ($116.0100 - $117.4400) on Wed. Nov. 22, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.94% (three month average) |
RSI | 85 |
Latest Price | $117.4400(-0.03%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 0.5% 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 | Value stock rally for large cap. Broad based 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 -1.47% 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 | -1.47% (StdDev 2.94%) |
Hourly BBV | -0.4 () |
Intraday Trend | 0% |
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