Technical Analysis for PDD - Pinduoduo Inc.

Grade Last Price % Change Price Change
B 75.58 -4.24% -3.35
PDD closed down 4.24 percent on Wednesday, March 22, 2023, on 1.6 times normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Down

Date Alert Name Type % Chg
Lower Bollinger Band Walk Weakness 0.00%
Stochastic Reached Oversold Weakness 0.00%
Multiple of Ten Bearish Other 0.00%
Gapped Up Strength 0.00%
Below Lower BB Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Jack-in-the-Box Bearish Bearish Swing Setup -4.24%
Calm After Storm Range Contraction -4.24%
Earnings Movers Other -4.24%

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Alert Time
60 Minute Opening Range Breakdown about 11 hours ago
Down 3% about 14 hours ago
Gap Up Closed about 14 hours ago
Gap Up Partially Closed about 14 hours ago
2x Volume Pace about 14 hours ago

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Profile

Pinduoduo is an innovative and fast growing "new e-commerce" platform that provides buyers with value-for-money merchandise and fun and interactive shopping experiences. The Pinduoduo mobile platform offers a comprehensive selection of attractively priced merchandise, featuring a dynamic social shopping experience that leverages social networks as an effective and efficient tool for buyer acquisition and engagement.
Classification

Sector: Consumer Cyclical
Industry: Specialty Retail
Keywords: Nasdaq 100 Retailing E-Commerce Consumer Behaviour Social Networks Sales Promotion Shopping

Is PDD a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 106.36
52 Week Low 31.01
Average Volume 8,784,631
200-Day Moving Average 71.43
50-Day Moving Average 92.41
20-Day Moving Average 88.65
10-Day Moving Average 86.64
Average True Range 5.33
RSI 33.33
ADX 15.03
+DI 18.55
-DI 36.49
Chandelier Exit (Long, 3 ATRs) 81.63
Chandelier Exit (Short, 3 ATRs) 91.00
Upper Bollinger Bands 100.20
Lower Bollinger Band 77.09
Percent B (%b) -0.07
BandWidth 26.07
MACD Line -2.69
MACD Signal Line -1.18
MACD Histogram -1.5101
Fundamentals Value
Market Cap 92.69 Billion
Num Shares 1.23 Billion
EPS -2.09
Price-to-Earnings (P/E) Ratio -36.21
Price-to-Sales 25.59
Price-to-Book 40.98
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 84.36
Resistance 3 (R3) 85.16 83.04 82.89
Resistance 2 (R2) 83.04 80.81 82.64 82.40
Resistance 1 (R1) 79.31 79.42 78.25 78.51 81.92
Pivot Point 77.19 77.19 76.66 76.79 77.19
Support 1 (S1) 73.46 74.96 72.40 72.66 69.24
Support 2 (S2) 71.34 73.57 70.94 68.76
Support 3 (S3) 67.61 71.34 68.27
Support 4 (S4) 66.81