Technical Analysis for PDD - Pinduoduo Inc.

Grade Last Price % Change Price Change
grade B 34.0 1.86% 0.62
PDD closed up 1.86 percent on Monday, October 21, 2019, on 45 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Up Up Up
See historical PDD trend table...

Date Alert Name Type % Chg
Narrow Range Bar Range Contraction 0.00%
NR7 Range Contraction 0.00%
Inside Day Range Contraction 0.00%
Overbought Stochastic Strength 0.00%
Bearish Engulfing Bearish 1.86%
Stochastic Sell Signal Bearish 1.86%
Outside Day Range Expansion 1.86%
Overbought Stochastic Strength 1.86%
Upper Bollinger Band Touch Strength 1.86%
MACD Bullish Signal Line Cross Bullish -0.58%

Older signals for PDD ...

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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.
Marketing E-Commerce Retailing Trade Social Networks Consumer Behaviour 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
Summary: Counts: 3 bullish, 0 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 36.89
52 Week Low 16.53
Average Volume 7,723,136
200-Day Moving Average 25.6854
50-Day Moving Average 31.8874
20-Day Moving Average 32.629
10-Day Moving Average 32.993
Average True Range 1.2212
ADX 18.89
+DI 23.7696
-DI 23.1578
Chandelier Exit (Long, 3 ATRs ) 31.4414
Chandelier Exit (Short, 3 ATRs ) 33.6836
Upper Bollinger Band 34.4986
Lower Bollinger Band 30.7594
Percent B (%b) 0.87
BandWidth 11.459744
MACD Line 0.4824
MACD Signal Line 0.435
MACD Histogram 0.0474
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 34.78
Resistance 3 (R3) 34.75 34.47 34.65
Resistance 2 (R2) 34.47 34.27 34.48 34.61
Resistance 1 (R1) 34.23 34.15 34.35 34.26 34.56
Pivot Point 33.95 33.95 34.01 33.96 33.95
Support 1 (S1) 33.71 33.75 33.83 33.74 33.44
Support 2 (S2) 33.43 33.63 33.44 33.39
Support 3 (S3) 33.19 33.43 33.35
Support 4 (S4) 33.22