| PDD latest price $147.2350 (3.9%) ($147.2350 - $147.6200) on Thu. Nov. 30, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.1% (three month average) |
RSI | 91 |
Latest Price | $147.2350(3.9%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 4.7% a day on average for past five trading days. |
Weekly Trend | PDD advances 10.2% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support PDD advance at 0% a week (0% probability) KWEB(36%) EWY(34%) GDX(32%) MCHI(31%) EEM(30%) |
Factors Impacting PDD price | PDD will decline at least -1.55% in a week (0% probabilities). SMH(-92%) IVW(-38%) UNG(-29%) EDOC(-28%) PAVE(-24%) |
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 | -1.55% (StdDev 3.1%) |
Hourly BBV | 1.6 () |
Intraday Trend | 0% |
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