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Stock Trend Analysis Report

Prepared for you on Friday, May 24, 2024.

PDD Holdings 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.

NASDAQ_PDD
Open High Low PDD Price Change
159.12 164.69 157.90 158.14 +4.51
Entry Signal

MarketClub’s Trade Triangles for PDD

long term up The long-term trend has been UP since May 17th, 2024 at 148.2999

intermediate term up The intermediate-term trend has been UP since Apr 22nd, 2024 at 122.6700

short term up The short-term trend has been UP since May 2nd, 2024 at 129.7900

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).

+90
Smart Scan Analysis for PDD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
159.12 164.69 157.90 158.14 +4.51
Prev. Close Volume Bid Ask Time
153.63 13982037 2024-05-24 12:23:00
Year High30.48Year High Date2018-09-13
Year Low16.53Year Low Date2018-11-14
52wk High16052wk High Date2024-05-23
52wk Low59.9852wk Low Date2023-05-25
Average Volume10,803,384Shares Outstanding1,253,300
Market Cap9,304MAssets377,826,127M
Liabilities159,120,158MP/E Ratio105.8787
Volatility99.58
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