PDD HOLDINGS INC (PDD) Technical Analysis
NASDAQ:PDD • US7223041028
Current stock price
PDD Technical Rating and Analysis
Taking everything into account, PDD scores 0 out of 10 in our technical rating. 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 negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, PDD is a bad performer in the overall market: 77% of all stocks are doing better.
- PDD is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month PDD has a been trading in the 96.67 - 108.23 range, which is quite wide. It is currently trading near the lows of this range.
- PDD has an average volume of 7119090 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- PDD is part of the Broadline Retail industry. There are 30 other stocks in this industry, PDD did better than 48% of them.
PDD Weekly and Daily overview Charts
PDD Setup Rating and Analysis
Although the technical rating is bad, PDD does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 96.89, a Stop Loss order could be placed below this zone.
More info and screens
PDD Support and Resistance Analysis
95.23
We found 1 important support area.
- A support zone ranging from 96.19 to 96.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 100.52 to 102.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 104.79 to 105.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @106.91 from a horizontal line in the daily time frame.
- Resistance @127.67 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 | DOWN | NEGATIVE | The short term trend for PDD is down. |
| ChartMill Relative Strength | 23.15 | NEGATIVE | PDD has a low relative strength, it was outperformed by 76.85% 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) | 48.17 | NEUTRAL | The RSI value for PDD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests PDD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.93 | NEUTRAL | The Stochastics value for PDD is a neutral value. |
| Average True Range in percent/ATR (20) | 2.85 | MEDIUM VOLATILITY | The ATR as a percentage value for PDD suggests some volalility. |
| Average Directional Index/ADX (14) | 9.28 | NEGATIVE | The low ADX value for PDD suggests a weak or negative trend. |
PDD Chart- and CandleStick Pattern Analysis
PDD Technicals: Chart, Performance Metrics, Trend & Indicators
99.72
-0.16 (-0.16%)
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.
Can you provide the RSI signal for PDD HOLDINGS INC?
PDD HOLDINGS INC (PDD) has an RSI value of 48.1704. 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 -0.147343, indicating a bearish trend.
What is the buy/sell signal for PDD stock?
The buy/sell signal for PDD HOLDINGS INC (PDD) is sell as both the short term and long term trends are negative.