116.08 USD
+0.28 (+0.24%)
116.34 USD
+0.26 (+0.22%)
Taking everything into account, PDD scores 1 out of 10 in our technical rating. PDD has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
PDD is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
PDD has an average volume of 7844050 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the yearly performance of all stocks, we notice that PDD is one of the better performing stocks in the market, outperforming 70% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
PDD is part of the Broadline Retail industry. There are 30 other stocks in this industry, PDD did better than 55% of them.
PDD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PDD is lagging the market.
PDD has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
108.96
139.46
2 important support areas can be observed.
- A support zone ranging from 112.93 to 113.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @110.06 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 116.09 to 116.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 118.31 to 119.45. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @134.81 from a trend line in the weekly time frame.
- Resistance @138.08 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for PDD is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PDD is down. |
| ChartMill Relative Strength | 70.68 | POSITIVE | PDD has a high relative strength, it outperformed 70.68% 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) | 30.33 | NEUTRAL | The RSI value for PDD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.73 | NEGATIVE | The MACD value suggests PDD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.39 | OVERSOLD | The low Stochastics value suggests PDD may be oversold. |
| Average True Range in percent/ATR (20) | 2.95 | MEDIUM VOLATILITY | The ATR as a percentage value for PDD suggests some volalility. |
| Average Directional Index/ADX (14) | 28.32 | POSITIVE | The high ADX value value for PDD suggests a strong trend. |
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)
116.08
+0.28 (+0.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryBroadline Retail
Performance
% Chg0.24%
1 Week2.79%
2 Weeks-13.68%
1 Month-14.65%
3 Month-3.44%
6 Month20.28%
12 Month20.22%
2 Year-21.27%
3 Year41.49%
5 Year-16.37%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.74
ATR(20)%2.95%
ATR Inc-23.3%
Range Today1.2
ADR(20)2.88
ADR(20)%2.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.68
3 months CRS30.47
6 months CRS77.52
Mansfield-0.89
10 Day High132.43
10 Day Low111.29
20 Day High139.12
20 Day Low111.29
52 Week High139.41
52 Week Low87.11
CS1 End113.72
CR1 Start116.09
Volume & EV
DER(3)-3.88%
DER(5)-3.3%
Volume3.78M
Volume Incr-10.49%
Vol(5)7.05M
Vol(50)7.84M
PDD HOLDINGS INC / PDD FAQ
What is the ChartMill technical rating of PDD HOLDINGS INC (PDD) stock?
ChartMill assigns a technical rating of 1 / 10 to PDD.
Can you provide the trend direction for PDD HOLDINGS INC?
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 30.3324. This indicates that the stock is currently neutral.
What is the MACD signal for PDD stock?
The MACD indicator for PDD HOLDINGS INC (PDD) has a value of -1.72777, indicating a bearish trend.