Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Thursday, April 22, 2021.
Pinduoduo, Inc ADS (NASDAQ:PDD)
Long-Term Downtrend (-90) - PDD is in a strong downtrend that is likely to continue. While PDD is showing intraday strength, it remains in the confines of a bearish trend. 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 24th, 2021 at 129.19
The intermediate-term trend has been DOWN since Feb 25th, 2021 at 169.45
The short-term trend has been DOWN since Apr 7th, 2021 at 139.21
Smart Scan Analysis for PDD
Based on our trend formula, PDD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 124.61 | 129.10 | 122.97 | 128.65 | +3.04 |
| Prev. Close | Volume | Bid | Ask | Time |
| 128.67 | 4422364 | 2021-04-21 15:59:59 |
| Year High | 30.48 | Year High Date | 2018-09-13 |
| Year Low | 16.53 | Year Low Date | 2018-11-14 |
| 52wk High | 212.5965 | 52wk High Date | 2021-02-16 |
| 52wk Low | 44.8 | 52wk Low Date | 2020-05-01 |
| Average Volume | 7,453,038 | Shares Outstanding | 878,195 |
| Market Cap | 9,304M | Assets | 994,109,260M |
| Liabilities | 710,072,640M | Volatility | 99.58 |