| PDD latest price $143.2400 (0.34%) ($143.2400 - $143.3100) on Tue. Dec. 5, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.07% (three month average) |
RSI | 85 |
Latest Price | $143.2400(0.34%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 0.6% a day on average for past five trading days. |
Weekly Trend | PDD advances 12.7% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support PDD advance at 0% a week (0% probability) KWEB(37%) GDX(34%) EWY(33%) MCHI(30%) EEM(29%) |
Factors Impacting PDD price | PDD will decline at least -1.535% in a week (0% probabilities). UNG(-30%) VFMO(-27%) PAVE(-27%) XHB(-25%) PEJ(-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 | -1.535% (StdDev 3.07%) |
Hourly BBV | -0.2 () |
Intraday Trend | 0% |
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