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Stock Trend Analysis Report
Prepared for you on Wednesday, December 6, 2023.
PDD Holdings Inc. - American Depositary Shares (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 Jul 25th, 2023 at 83.40
The intermediate-term trend has been UP since Nov 15th, 2023 at 112.77
The short-term trend has been DOWN since Dec 5th, 2023 at 139.81
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 |
|---|---|---|---|---|
| 138.66 | 143.53 | 138.12 | 143.45 | +0.62 |
| Prev. Close | Volume | Bid | Ask | Time |
| 143.46 | 6136865 | 2023-12-05 15:59:55 |
| Year High | 30.48 | Year High Date | 2018-09-13 |
| Year Low | 16.53 | Year Low Date | 2018-11-14 |
| 52wk High | 147.65 | 52wk High Date | 2023-11-30 |
| 52wk Low | 59.67 | 52wk Low Date | 2023-05-10 |
| Average Volume | 8,828,115 | Shares Outstanding | 1,253,300 |
| Market Cap | 9,304M | Assets | 209,107,984M |
| Liabilities | 101,978,113M | P/E Ratio | 135.234 |
| Volatility | 99.58 |