| PDD latest price $145.0450 (-1.49%) ($145.0450 - $145.0450) on Fri. Dec. 1, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.1% (three month average) |
RSI | 88 |
Latest Price | $145.0450(-1.49%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 4% a day on average for past five trading days. |
Weekly Trend | PDD advances 12.1% a week on average for past two weeks. |
Market Behavior | Broad based 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(35%) GDX(34%) EWY(33%) MCHI(30%) EEM(29%) |
Factors Impacting PDD price | PDD will decline at least -1.55% in a week (0% probabilities). IVW(-85%) UNG(-30%) VFMO(-27%) PAVE(-26%) XHB(-25%) |
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 | 0.6 () |
Intraday Trend | 0% |
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