PDD HOLDINGS INC (PDD) Stock Technical Analysis
NASDAQ:PDD - Nasdaq - US7223041028 - ADR - Currency: USD
We assign a technical rating of 9 out of 10 to PDD. Both in the recent history as in the last year, PDD has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
PDD is one of the better performing stocks in the Broadline Retail industry, it outperforms 70% of 32 stocks in the same industry.
In the last month PDD has a been trading in the 104.80 - 133.33 range, which is quite wide. It is currently trading near the high of this range.
PDD has an average volume of 9160340 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that PDD is one of the better performing stocks in the market, outperforming 84% of all stocks. However, this relatively good performance is mostly due to a recent big move.
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.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although PDD has an excellent technical rating, it does not offer a high quality setup 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
91.54
159.15
We found 3 important support areas.
- A support zone ranging from 113.38 to 114.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 96.54 to 97.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 92.46 to 93.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 131.35 to 131.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @151.07 from a horizontal line in the daily time frame.
- A resistance zone ranging from 157.57 to 157.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.05
Mansfield-0.1
10 Day High133.33
10 Day Low111.33
20 Day High133.33
20 Day Low104.8
52 Week High164.69
52 Week Low88.01
Performance
1 Week8.06%
2 Weeks16.52%
1 Month26.28%
3 Month31.25%
6 Month-6.1%
12 Month2.86%
2 Year49.71%
3 Year153.26%
5 Year267.08%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)1.25
RSI(14)70.97
LBB104.71
UBB132.92
131.34
+6.93 (+5.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryBroadline Retail
Performance
% Chg5.57%
1 Week8.06%
2 Weeks16.52%
1 Month26.28%
3 Month31.25%
6 Month-6.1%
12 Month2.86%
2 Year49.71%
3 Year153.26%
5 Year267.08%
10 YearN/A
15 YearN/A
Volatility
ATR(14)5.89
ATR(20)%4.27%
ATR Inc49.32%
Range Today5.51
ADR(20)4.86
ADR(20)%3.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.05
Mansfield-0.1
10 Day High133.33
10 Day Low111.33
20 Day High133.33
20 Day Low104.8
52 Week High164.69
52 Week Low88.01
CS1 End114.39
CR1 Start131.35
Volume & EV
DER(3)-0.77%
DER(5)-0.03%
Volume16.82M
Volume Incr42.4%
Vol(5)12.32M
Vol(50)9.16M