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Stock Trend Analysis Report
Prepared for you on Monday, December 2, 2024.
PDD Holdings Inc. - American Depositary Shares (NASDAQ:PDD)
Crossroads (-60) - PDD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 Oct 2nd, 2024 at 152.22
The intermediate-term trend has been DOWN since Oct 23rd, 2024 at 122.32
The short-term trend has been DOWN since Nov 21st, 2024 at 113.47
Smart Scan Analysis for PDD
Based on our trend formula, PDD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 96.790 | 99.120 | 96.515 | 98.820 | +2.260 |
| Prev. Close | Volume | Bid | Ask | Time |
| 96.560 | 7303458 | 2024-12-02 14:36:21 |
| Year High | 30.48 | Year High Date | 2018-09-13 |
| Year Low | 16.53 | Year Low Date | 2018-11-14 |
| 52wk High | 164.69 | 52wk High Date | 2024-05-24 |
| 52wk Low | 88.01 | 52wk Low Date | 2024-08-28 |
| Average Volume | 10,643,907 | Shares Outstanding | 1,253,300 |
| Market Cap | 9,304M | Assets | 466,793,869M |
| Liabilities | 188,288,949M | P/E Ratio | 36.8409 |
| Volatility | 99.58 |