NASDAQ:PDD - Nasdaq - US7223041028 - ADR - Currency: USD
Overall PDD gets a technical rating of 2 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. PDD was also a bad performer in the overall market in the last year.
Although the technical rating is bad, PDD does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 101.90, a Stop Loss order could be placed below this zone.
89.60
We found 3 important support areas.
When analyzing the resistance we notice 5 important areas.
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 | 13.15 | NEGATIVE | PDD has a low relative strength, it was outperformed by 86.85% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PDD is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | MIXED | The current price of PDD is below the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | MIXED | The current price of PDD is below the rising SMA(200). |
Relative Strength Index/RSI (14) | 48.39 | NEUTRAL | The RSI value for PDD is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.5 | POSITIVE | The MACD value suggests PDD has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 56.97 | NEUTRAL | The Stochastics value for PDD is a neutral value. |
Average True Range in percent/ATR (20) | 2.41 | MEDIUM VOLATILITY | The ATR as a percentage value for PDD suggests some volalility. |
Average Directional Index/ADX (14) | 13.9 | NEGATIVE | The low ADX value for PDD suggests a weak or negative trend. |
NASDAQ:PDD (7/3/2025, 11:02:59 AM)
103.235
-0.73 (-0.71%)