Stock Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
Pinduoduo 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.
MarketClub’s Trade Triangles for PDD
The long-term trend has been DOWN since Mar 24th, 2021 at 129.1900
The intermediate-term trend has been UP since Oct 11th, 2021 at 99.6800
The short-term trend has been UP since Oct 19th, 2021 at 97.9999
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).
|Year High||30.48||Year High Date||2018-09-13|
|Year Low||16.53||Year Low Date||2018-11-14|
|52wk High||212.5965||52wk High Date||2021-02-16|
|52wk Low||74.12||52wk Low Date||2021-08-19|
|Average Volume||6,440,174||Shares Outstanding||878,195|