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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.

NASDAQ_PDD
Open High Low PDD Price Change
138.66 143.53 138.12 143.45 +0.62
Entry Signal

MarketClub’s Trade Triangles for PDD

long term up The long-term trend has been UP since Jul 25th, 2023 at 83.40

intermediate term up The intermediate-term trend has been UP since Nov 15th, 2023 at 112.77

short term down 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).

+85
Smart Scan Analysis for PDD
Strong Downtrend Sideways 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 High30.48Year High Date2018-09-13
Year Low16.53Year Low Date2018-11-14
52wk High147.6552wk High Date2023-11-30
52wk Low59.6752wk Low Date2023-05-10
Average Volume8,828,115Shares Outstanding1,253,300
Market Cap9,304MAssets209,107,984M
Liabilities101,978,113MP/E Ratio135.234
Volatility99.58
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