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     Thu. Apr. 11, 2019

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

(Pinduoduo Inc.)

PDD latest price $21.6700 (-1.28%) ($21.6100 - $22.0900) on Thu. Apr. 11, 2019.


Trend Analysis and Forecast
 
Average Daily Percentage Swing  3.93% (three month average)
RSI   38
Latest Price   $21.6700(-1.28%)
Stocks Behave Similarly  Similar Stock List
Daily Trend  PDD declines -0.9% a day on average for past five trading days.
Weekly Trend  PDD declines -3.6% a week on average for past two weeks.
Market Behavior  Normal for large cap. Normal for small cap.
Correlated ETFs  Broad market will support PDD advance at 0% a week (0% probability)
  KWEB(78%)    MCHI(68%)    FXI(64%)    ONLN(54%)    EEM(52%)  
Factors Impacting PDD price  PDD will decline at least -1.965% in a week (0% probabilities).
  VXX(-10%)    VIXM(-3%)    UUP(-3%)    TLT(-1%)    IFRA(-1%)  
 
 
Relative Volatility   (options are extremely cheap)
 
Market Trend Strength  -1.965% (StdDev 3.93%)
Hourly BBV   0 ()
Intraday Trend   -0.8%
  
 

  


1 - 5 Day Possible Target  $12.73(-41.26%)
Resistance Level  $23.52
5 Day Moving Average  $21.88(-0.96%)
10 Day Moving Average  $22.87(-5.25%)
20 Day Moving Average  $23.52(-7.87%)
To recent high  -30.4%
To recent low  0.3%
Market Cap  $14.714b
 
 
 
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 5.19% (three month std-dev: 3.93%) daily (68% of days).

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