| PDD latest price $150.0100 (1.08%) ($150.0100 - $150.0100) on Tue. Dec. 19, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.01% (three month average) |
RSI | 64 |
Latest Price | $150.0100(1.08%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PDD advances 0.4% a day on average for past five trading days. |
Weekly Trend | PDD advances 1.5% 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) MCHI(67%) XLK(63%) FXI(61%) KWEB(60%) IWF(45%) |
Factors Impacting PDD price | PDD will decline at least -1.505% in a week (0% probabilities). VIXM(-54%) UNG(-29%) TIP(-29%) VXX(-39%) SHY(-31%) |
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 | -1.505% (StdDev 3.01%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0% |
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