PDD HOLDINGS INC (PDD) Technical Analysis
NASDAQ:PDD • US7223041028
Current stock price
99.81 USD
-0.81 (-0.81%)
At close:
99.6 USD
-0.21 (-0.21%)
After Hours:
PDD Technical Rating and Analysis
Overall PDD gets a technical rating of 0 out of 10. PDD scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 79% of all other stocks performed better in the past year than PDD.
- PDD is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PDD is lagging the market.
- PDD has an average volume of 7849340 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- PDD is an average performer in the Broadline Retail industry, it outperforms 41% of 30 stocks in the same industry.
- In the last month PDD has a been trading in the 95.37 - 107.65 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
PDD Weekly and Daily overview Charts
PDD Setup Rating and Analysis
PDD has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately.
More info and screens
PDD Support and Resistance Analysis
98.81
130.58
We can see 4 important resistance areas.
- A resistance zone ranging from 99.82 to 103.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 104.83 to 105.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 106.90 to 106.91. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @129.29 from a trend line in the weekly time frame.
PDD Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for PDD is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PDD is neutral. |
| ChartMill Relative Strength | 21.11 | NEGATIVE | PDD has a low relative strength, it was outperformed by 78.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PDD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PDD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PDD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.45 | NEUTRAL | The RSI value for PDD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests PDD has a positive trend. |
| Stochastics (14,3) | 45.96 | NEUTRAL | The Stochastics value for PDD is a neutral value. |
| Average True Range in percent/ATR (20) | 3.26 | MEDIUM VOLATILITY | The ATR as a percentage value for PDD suggests some volalility. |
| Average Directional Index/ADX (14) | 15.66 | NEGATIVE | The low ADX value for PDD suggests a weak or negative trend. |
PDD Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
PDD Technicals: Chart, Performance Metrics, Trend & Indicators
99.81
-0.81 (-0.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryBroadline Retail
Performance
% Chg-0.81%
1 Week3.76%
2 Weeks-2.77%
1 Month-3.78%
3 Month-13.22%
6 Month-23.22%
12 Month-17.14%
2 Year-14.14%
3 Year31.5%
5 Year-25.45%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.59
ATR(20)%3.26%
ATR Inc21.27%
Range Today2.91
ADR(20)2.87
ADR(20)%2.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.11
3 months CRS28.2
6 months CRS22.22
Mansfield-1.07
10 Day High107.65
10 Day Low95.37
20 Day High107.65
20 Day Low95.37
52 Week High139.41
52 Week Low87.11
CS1 EndN/A
CR1 Start99.82
Volume & EV
DER(3)0.47%
DER(5)-0.46%
Volume7.64M
Volume Incr83.67%
Vol(5)11.41M
Vol(50)7.85M
PDD HOLDINGS INC / PDD TA FAQ
What is the ChartMill technical rating of PDD HOLDINGS INC (PDD) stock?
ChartMill assigns a technical rating of 0 / 10 to PDD.
What is the current trend direction of PDD HOLDINGS INC (PDD) stock?
The current trend direction for PDD HOLDINGS INC (PDD) is Bearish.
What is the RSI signal for PDD HOLDINGS INC (PDD) stock?
PDD HOLDINGS INC (PDD) has an RSI value of 45.451. This indicates that the stock is currently neutral.
What is the MACD signal for PDD HOLDINGS INC (PDD) stock?
The MACD indicator for PDD HOLDINGS INC (PDD) has a value of 0.044743, indicating a bearish trend.
What are the support and resistance levels for PDD HOLDINGS INC (PDD) stock?
PDD HOLDINGS INC (PDD) has a resistance level at 99.82. Check the full technical report for our detailed analysis of PDD support and resistance levels.