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Stock Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

PDD Holdings Inc. - American Depositary Shares (NASDAQ:PDD)

Bear Market Rally (-75) - PDD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on PDD as it may be in the beginning of a reversal.

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
115.44 118.00 114.80 116.24 -0.42
Entry Signal

MarketClub’s Trade Triangles for PDD

long term down The long-term trend has been DOWN since Mar 5th, 2024 at 120.20

intermediate term up The intermediate-term trend has been UP since Mar 20th, 2024 at 130.79

short term down The short-term trend has been DOWN since Mar 21st, 2024 at 124.26

Smart Scan Analysis for PDD

Based on our trend formula, PDD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for PDD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
115.44 118.00 114.80 116.24 -0.42
Prev. Close Volume Bid Ask Time
116.25 5916359 2024-03-28 15:59:57
Year High30.48Year High Date2018-09-13
Year Low16.53Year Low Date2018-11-14
52wk High152.9952wk High Date2024-01-11
52wk Low59.6752wk Low Date2023-05-10
Average Volume11,850,507Shares Outstanding1,253,300
Market Cap9,304MAssets314,251,132M
Liabilities152,201,117MP/E Ratio107.7193
Volatility99.58
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