Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Tuesday, April 23, 2024.
PDD Holdings Inc. - American Depositary Shares (NASDAQ:PDD)
Bull Market Weakness (+75) - PDD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on PDD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid PDD?
MarketClub looks at technical strength and momentum to determine if the timing is right for PDD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for PDD
The long-term trend has been DOWN since Mar 5th, 2024 at 120.20
The intermediate-term trend has been UP since Apr 22nd, 2024 at 122.67
The short-term trend has been UP since Apr 22nd, 2024 at 116.15
Smart Scan Analysis for PDD
Based on our trend formula, PDD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 114.0000 | 124.4200 | 113.3600 | 124.1669 | +10.6769 |
| Prev. Close | Volume | Bid | Ask | Time |
| 124.1400 | 12126870 | 2024-04-22 15:59:58 |
| Year High | 30.48 | Year High Date | 2018-09-13 |
| Year Low | 16.53 | Year Low Date | 2018-11-14 |
| 52wk High | 152.99 | 52wk High Date | 2024-01-11 |
| 52wk Low | 59.67 | 52wk Low Date | 2023-05-10 |
| Average Volume | 7,053,785 | Shares Outstanding | 1,253,300 |
| Market Cap | 9,304M | Assets | 314,251,132M |
| Liabilities | 152,201,117M | P/E Ratio | 104.7922 |
| Volatility | 99.58 |