| PDD latest price $147.1550 (2.86%) ($147.1550 - $147.2500) on Tue. Dec. 12, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.02% (three month average) |
RSI | 83 |
Latest Price | $147.1550(2.86%) |
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 7% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support PDD advance at 0% a week (0% probability) QQQ(88%) MCHI(61%) FXI(57%) KWEB(56%) XLK(50%) |
Factors Impacting PDD price | PDD will decline at least -1.51% in a week (0% probabilities). VIXM(-56%) BLOK(-46%) VXX(-44%) ACES(-19%) REMX(-18%) |
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 | -1.51% (StdDev 3.02%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
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