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     Thu. Feb. 7, 2019

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

(Pinduoduo Inc.)

PDD latest price $26.5100 (-5.32%) ($26.3500 - $27.6500) on Thu. Feb. 7, 2019.


Trend Analysis and Forecast
 
Average Daily Percentage Swing  4.76% (three month average)
RSI   63
Latest Price   $26.5100(-5.32%)
Stocks Behave Similarly  Similar Stock List
Daily Trend  PDD declines -1.8% a day on average for past five trading days.
Weekly Trend  PDD advances 4.4% a week on average for past two weeks.
Market Behavior  Broad based sell-off for large cap. Growth stock sell-off for small cap.
Correlated ETFs  Broad market will support PDD advance at 0% a week (0% probability)
  KWEB(77%)    MCHI(67%)    FXI(63%)    ONLN(53%)    EEM(51%)  
Factors Impacting PDD price  PDD will decline at least -2.38% in a week (0% probabilities).
  VXX(-10%)    VIXM(-3%)    UUP(-3%)    XHB(-2%)    TLT(-1%)  
 
 
Relative Volatility   (options are extremely cheap)
 
Market Trend Strength  -2.38% (StdDev 4.76%)
Hourly BBV   0 ()
Intraday Trend   -4.1%
  
 

  


Resistance Level  $27.44
5 Day Moving Average  $28.75(-7.79%)
10 Day Moving Average  $29.01(-8.62%)
20 Day Moving Average  $27.44(-3.39%)
To recent high  -12.6%
To recent low  54.6%
Market Cap  $18.001b
 
 
 
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 7.54% (three month std-dev: 4.76%) daily (68% of days).

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