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Stock Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
Pinduoduo, Inc ADS (NASDAQ:PDD)
Countertrend Up (+85) - PDD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Apr 13th, 2020 at 41.85
The intermediate-term trend has been UP since Mar 25th, 2020 at 38.14
The short-term trend has been DOWN since May 28th, 2020 at 59.88
Smart Scan Analysis for PDD
Based on our trend formula, PDD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 61.3900 | 67.0900 | 61.0950 | 66.9081 | +6.5481 |
| Prev. Close | Volume | Bid | Ask | Time |
| 35.6300 | 8496287 | 2020-05-29 15:59:42 |
| Year High | 30.48 | Year High Date | 2018-09-13 |
| Year Low | 16.53 | Year Low Date | 2018-11-14 |
| 52wk High | 45.25 | 52wk High Date | 2019-11-06 |
| 52wk Low | 18.46 | 52wk Low Date | 2019-06-03 |
| Average Volume | 8,629,325 | Market Cap | 9,304M |
| Assets | 431,820,630M | Liabilities | 243,594,690M |
| P/E Ratio | -41.6 | Volatility | 99.58 |