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Stock Trend Analysis Report
Prepared for you on Tuesday, July 5, 2022.
Pinduoduo Inc. - American Depositary Shares (NASDAQ:PDD)
Long-Term Uptrend (+90) - PDD is in a strong uptrend that is likely to continue. While PDD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution 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 Jun 6th, 2022 at 55.38
The intermediate-term trend has been UP since May 27th, 2022 at 45.63
The short-term trend has been UP since Jul 5th, 2022 at 64.99
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 |
|---|---|---|---|---|
| 63.92 | 65.78 | 62.70 | 63.98 | -0.84 |
| Prev. Close | Volume | Bid | Ask | Time |
| 64.82 | 4693026 | 2022-07-05 11:37:33 |
| Year High | 30.48 | Year High Date | 2018-09-13 |
| Year Low | 16.53 | Year Low Date | 2018-11-14 |
| 52wk High | 123.31 | 52wk High Date | 2021-07-02 |
| 52wk Low | 23.21 | 52wk Low Date | 2022-03-15 |
| Average Volume | 15,733,329 | Shares Outstanding | 1,253,300 |
| Market Cap | 9,304M | Assets | 181,209,718M |
| Liabilities | 106,095,171M | P/E Ratio | 302.8972 |
| Volatility | 99.58 |