Stock Trend Analysis Report
Prepared for you on Tuesday, March 28, 2023.
PDD Holdings Inc. - American Depositary Shares (NASDAQ:PDD)
Strong Downtrend (-100) - PDD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, PDD continues to fall. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for PDD
The long-term trend has been DOWN since Mar 20th, 2023 at 78.82
The intermediate-term trend has been DOWN since Feb 21st, 2023 at 90.04
The short-term trend has been DOWN since Mar 20th, 2023 at 89.72
Smart Scan Analysis for PDD
Based on our trend formula, PDD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||30.48||Year High Date||2018-09-13|
|Year Low||16.53||Year Low Date||2018-11-14|
|52wk High||106.38||52wk High Date||2023-01-27|
|52wk Low||31.01||52wk Low Date||2022-05-12|
|Average Volume||11,928,239||Shares Outstanding||1,253,300|