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     Fri. Sep. 21, 2018

Trading Signals: PDD Stock Price Prediction and Forecast (Thu. Jul. 26, 2018 - Fri. Dec. 22, 2023)

(Pinduoduo Inc.)

PDD latest price $25.6000 (3.85%) ($24.4300 - $26.5900) on Fri. Sep. 21, 2018.


Trend Analysis and Forecast
 
Average Daily Percentage Swing  8.22% (three month average)
RSI   66
Latest Price   $25.6000(3.85%)
Stocks Behave Similarly  Similar Stock List
Daily Trend  PDD declines -0.6% a day on average for past five trading days.
Weekly Trend  PDD advances 9.6% a week on average for past two weeks.
Market Behavior  Growth stock sell-off for large cap. Broad based sell-off for small cap.
Correlated ETFs  Broad market will support PDD advance at 0% a week (0% probability)
  KWEB(76%)    MCHI(66%)    FXI(62%)    ONLN(52%)    EEM(51%)  
Factors Impacting PDD price  PDD will decline at least -4.11% in a week (0% probabilities).
  VXX(-11%)    VIXM(-6%)    UUP(-4%)    SHY(-2%)    TLT(-1%)  
 
 
Relative Volatility   (options are extremely cheap)
 
Market Trend Strength  -4.11% (StdDev 8.22%)
Hourly BBV   0 ()
Intraday Trend   0.4%
  
 

  


5 Day Moving Average  $24.05(6.44%)
10 Day Moving Average  $24.33(5.22%)
20 Day Moving Average  $21.93(16.74%)
To recent high  -14.6%
To recent low  48.7%
Market Cap  $17.383b
 
 
 
Pinduoduo, Inc. operates as a holding company, which engages in the development and management of an e-commerce platform. Its Pinduoduo mobile application offers a selection of merchandise for buyer acquisition and engagement. The company was founded by Hua Lin Cai and Zheng Huang on April 20, 2015 and is headquartered in Shanghai, China.

$. PDD price fluctuates within 14.55% (three month std-dev: 8.22%) daily (68% of days).

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