Trading Signals: PDD Stock Price Prediction and Forecast

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Fri. Jul. 14, 2023

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

(Pinduoduo Inc.)
PDD latest price $79.4450 (-1.85%) ($79.4450 - $79.4450) on Fri. Jul. 14, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   4.11% (three month average)
RSI   67
Latest Price   $79.4450(-1.85%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   PDD advances 2.6% a day on average for past five trading days.
Weekly Trend   PDD advances 4.1% a week on average for past two weeks.
Market Behavior   Rotation from value to growth 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(66%)    MCHI(62%)    EEM(56%)    VWO(56%)    FXI(55%)
Factors Impacting PDD price   PDD will decline at least -2.055% in a week (0% probabilities).
VIXM(-27%)    VXX(-26%)    EDOC(-16%)    UUP(-15%)    TBT(-10%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -2.055% (StdDev 4.11%)
Hourly BBV 0.8 ()
Intraday Trend 0%

5 Day Moving Average   $75.36(5.42%)
10 Day Moving Average   $72.87(9.02%)
20 Day Moving Average   $72.87(9.02%)
To recent high   -1.8%
To recent low   32.4%
Market Cap   $53.944b

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: 4.11%) daily (68% of days).

Sample size 2 Average positive next day return: 5.16%(50%) Average negative next day return: -0.83%(50%) Sample size 2 Average positive next three day return: 5.24%(50%) Average negative next three day return: -5.69%(50%) Sample size 2 Average positive next weekly return: 0.39%(50%) Average negative next weekly return: -5.93%(50%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

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i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Jul_14_2023	73.38	72.87	72.87	75.36	76.65	80.19	79.45(-1.85%)	UD	OpenLong	75	1.1	62	370	55	82	8.77	65%	-0.11	3.3	4.11%	0.8	1.7	67	1.2
2	Jul_13_2023	73.46	72.71	71.76	73.46	74.34	78.06	80.94(7.66%)	UT	OpenLong	75	1.9	92	390	99	71	16.21	65%	-0.03	-5.2	4.11%	1.7	2.1	61	1
3	Jul_12_2023	73.48	72.4	70.59	70.8	71.59	73.12	75.18(5.81%)	UT	OpenLong	75	1.3	42	180	50	16	12.83	59%	-0.14	-16.6	4.01%	1.7	0.8	53	1.1
4	Jul_11_2023	73.58	72.43	70.18	70.14	69.7	70.63	71.05(1.2%)	N/A	N/A	0	0.3	0	70	5	-15	5.79	56%	-0.03	-12.8	4%	0.6	-0.4	41	-0.3
5	Jul_10_2023	73.6	72.61	70.02	70.19	69.91	70.06	70.21(0.41%)	N/A	N/A	0	0	5	0	16	-30	4.58	56%	-0.34	-5.6	4%	0.8	-0.6	30	-0.5

6	Jul_7_2023	73.85	72.75	69.99	69.96	70.19	68.78	69.92(3.34%)	DP	OpenShort	-75	-0	-23	-130	-9	-63	7.27	56%	-0.38	1.3	4%	0.3	-0.7	28	-0.3
7	Jul_6_2023	74.13	72.91	70.25	69.74	69.97	69.76	67.66(-5.84%)	DT	OpenShort	-75	-0.6	-43	-10	-29	-83	8.08	56%	-0.38	6	4.01%	-1.4	-1.4	33	-0.6
8	Jul_5_2023	74.41	72.99	70.8	70.25	70.27	71.61	71.86(0.76%)	N/A	N/A	0	0.5	1	130	22	-64	3.9	60%	-0.64	6.4	3.94%	1	-0.3	42	0.9
9	Jul_3_2023	74.89	72.9	71	70.22	69.79	70.18	71.32(3.29%)	DP	OpenShort	-65	0.3	-5	20	18	-72	5.28	60%	-0.29	18.2	3.92%	0	-0.4	40	1.2
10	Jun_30_2023	75.11	72.82	71.77	69.87	69.89	68.93	69.05(0.36%)	DP	OpenShort	-75	-0.2	-26	-100	-8	-79	3.74	62%	-0.34	25.5	3.87%	0	-1	39	1

11	Jun_29_2023	75.37	72.7	72.89	70.03	70.02	69.4	68.8(-2.05%)	DT	OpenShort	-75	-0.3	-37	-60	-26	-69	6.3	62%	-0.32	31.5	3.92%	-0.8	-1.1	46	1
12	Jun_28_2023	75.61	72.69	73.77	70.84	70.27	70.84	70.24(-2.04%)	DT	OpenShort	-75	-0.2	-16	30	-6	-45	5.47	62%	-0.34	40.9	3.91%	-0.3	-0.6	47	1.2
13	Jun_27_2023	75.87	72.76	74.38	71.41	70.9	70.64	71.71(3.08%)	DP	OpenShort	-65	0.1	-1	-50	6	-20	5.37	62%	-0.3	56.8	3.91%	1.1	-0.3	61	1.1
14	Jun_26_2023	76.1	72.25	74.86	71.93	71.25	69.7	69.57(-0.38%)	DT	OpenShort	-75	-0.6	-37	-180	-42	-21	4.05	62%	-0.35	57.9	3.91%	-0.6	-0.6	54	1
15	Jun_23_2023	76.37	71.89	75.45	74	72.43	71.17	69.83(-4.18%)	CR	SmallShort	-20	-1	-39	-190	-54	8	8	59%	-0.4	68.1	3.96%	-1.3	-0.5	55	1.1

16	Jun_22_2023	76.68	71.56	75.82	76.2	74.95	72.8	72.88(-0.27%)	N/A	N/A	0	-0.7	-12	-250	-35	57	5.24	61%	-0.42	65.7	3.93%	-1	0.3	68	1.4
17	Jun_21_2023	77	71.1	75.89	77.12	77.22	73.69	73.08(-1.64%)	N/A	N/A	0	-0.7	-23	-320	-55	72	6.41	61%	-0.34	61.5	3.96%	-0.9	0.3	62	1.3
18	Jun_20_2023	77.26	70.52	75.49	77.72	78.32	77.11	74.3(-7.05%)	N/A	N/A	0	-0.6	-20	-80	-52	77	11.7	53%	-0.67	58.8	3.96%	-1.3	0.6	56	1.2
19	Jun_16_2023	77.78	69.9	75.09	78.14	78.77	80.76	79.93(-1.1%)	UD	OpenLong	75	0.3	52	200	27	128	10.03	57%	-0.32	54.9	4.24%	1.3	1.5	77	1.6
20	Jun_15_2023	78.03	69.19	74.01	77.11	77.88	79.52	80.82(4.34%)	UT	HoldLong	65	0.6	77	180	54	147	11.34	57%	-0.45	56.7	4.26%	0	1.8	76	1.2

21	Jun_13_2023	78.38	68.39	72.46	75.45	76.19	76.78	77.46(1.77%)	UT	OpenLong	75	0.4	48	80	21	127	6.97	58%	-0.23	60	4.2%	0.7	1.6	72	1.3
22	Jun_12_2023	78.56	67.78	71.45	74.55	74.95	76.24	76.11(-0.35%)	UD	OpenLong	75	0.3	50	140	24	129	5	58%	-0.22	64.2	4.27%	-0.4	1.6	68	1.4
23	Jun_9_2023	78.73	67.11	70.92	72.92	74.16	75.59	76.38(2.09%)	UT	OpenLong	75	0.7	70	190	46	143	8.6	54%	-0.18	59.3	4.27%	0.9	1.9	71	1.7
24	Jun_8_2023	78.87	66.51	69.32	71.55	72.06	73.66	74.81(3.18%)	UT	OpenLong	75	0.8	50	180	27	118	10.45	54%	-0.19	58.8	4.36%	1.1	1.9	68	2
25	Jun_7_2023	79.02	65.79	67.95	70.44	70.74	72.72	72.51(-0.58%)	UD	OpenLong	75	0.5	56	210	41	102	7.38	54%		52.6	4.34%	0.9	1.7	58	2.2
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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