| PDD latest price $148.4000 (1.38%) ($148.4000 - $148.4000) on Fri. Dec. 15, 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 | $148.4000(1.38%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 1.3% a day on average for past five trading days. |
Weekly Trend | PDD advances 2.9% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support PDD advance at 0% a week (0% probability) MCHI(62%) FXI(56%) KWEB(53%) IVE(47%) DIA(45%) |
Factors Impacting PDD price | PDD will decline at least -1.51% in a week (0% probabilities). VIXM(-52%) VXX(-42%) BLOK(-41%) REMX(-30%) LIT(-23%) |
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 | 0.9 () |
Intraday Trend | 0% |
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