Trading Signals: PDD Stock Price Prediction and Forecast

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Wed. Nov. 29, 2023

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

(Pinduoduo Inc.)
PDD latest price $141.7100 (2.03%) ($141.7100 - $141.7100) on Wed. Nov. 29, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.12% (three month average)
RSI   87
Latest Price   $141.7100(2.03%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   PDD advances 4% a day on average for past five trading days.
Weekly Trend   PDD advances 8% a week on average for past two weeks.
Market Behavior   Normal for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support PDD advance at 0% a week (0% probability)
KWEB(37%)    EWY(36%)    MCHI(33%)    EEM(32%)    GDX(31%)
Factors Impacting PDD price   PDD will decline at least -1.56% in a week (0% probabilities).
SMH(-90%)    IVW(-31%)    UNG(-30%)    PAVE(-25%)    XHB(-22%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.56% (StdDev 3.12%)
Hourly BBV 0.8 ()
Intraday Trend 0%

5 Day Moving Average   $126.91(11.66%)
10 Day Moving Average   $121.84(16.31%)
20 Day Moving Average   $114.96(23.27%)
To recent high   0%
To recent low   53.7%
Market Cap   $96.223b

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 8.66% (three month std-dev: 3.12%) daily (68% of days).

Sample size 34 Average positive next day return: 4.66%(41%) Average negative next day return: -6.17%(59%) Sample size 34 Average positive next three day return: 8.53%(38%) Average negative next three day return: -9.48%(62%) Sample size 34 Average positive next weekly return: 14.11%(35%) Average negative next weekly return: -10.63%(65%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20231229

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	Nov_29_2023	96.95	114.96	121.84	126.91	129.28	140.3	141.71(2.03%)	UT	HoldLong	65	1.5	273	650	276	264	12.86	85%	0.75	58.9	3.12%	0.8	2.7	87	1.3
2	Nov_28_2023	96.23	112.85	118.62	122.06	123.12	128.35	138.89(17.9%)	UT	HoldLong	65	2.1	195	320	201	177	27.58	85%	0.72	50.5	3.65%	1.4	3.2	86	1.5
3	Nov_27_2023	95.54	111.01	115.5	118.03	117.77	118.26	117.81(-0.76%)	UD	OpenLong	75	-0	27	20	7	88	13.8	81%	0.5	52.2	2.96%	0.1	1.2	77	1.3
4	Nov_24_2023	95.06	110.51	114.66	117.48	117.99	117.9	118.71(1.08%)	UT	HoldLong	65	0.2	44	10	26	97	5.24	81%	0.8	56.6	2.96%	0	1.5	81	1.4
5	Nov_22_2023	94.31	109.92	113.64	116.37	117.09	117.28	117.44(-0.03%)	UD	OpenLong	75	0.2	23	30	-0	90	5.51	81%	0.24	59	2.94%	-0.4	1.5	85	1.2

6	Nov_21_2023	94.08	109.38	112.85	115.81	116.1	118.09	117.48(-1.03%)	UD	OpenLong	75	0.4	55	130	35	113	4.01	81%	0.5	62.8	2.94%	0.3	1.8	79	1.3
7	Nov_20_2023	93.61	108.89	112.02	114.5	115.39	116.9	118.7(3.12%)	UT	HoldLong	65	1	93	110	79	134	6.85	81%	0.54	62.9	2.93%	1.3	2.3	83	1.4
8	Nov_17_2023	93.11	108.16	110.82	112.63	113.45	114.12	115.1(1.74%)	UT	OpenLong	75	0.6	44	60	26	99	4.84	80%	0.5	56.8	2.97%	0.7	1.8	70	1.5
9	Nov_16_2023	92.65	107.54	109.96	111.42	112.01	113.88	113.13(-1.31%)	UD	OpenLong	75	0.5	49	130	35	89	5.09	80%	0.48	48.6	2.96%	0.2	1.6	57	1.5
10	Nov_15_2023	92.21	107.08	108.82	110.47	110.99	112.79	114.64(3.34%)	UT	OpenLong	75	1.3	71	130	67	83	7.77	80%	0.47	40.3	2.96%	1.1	2.3	61	1.6

11	Nov_14_2023	91.78	106.56	107.63	109.48	109.43	110.14	110.94(1.46%)	UT	OpenLong	75	0.5	28	40	22	47	5.6	78%	0.46	29	2.97%	2.5	1.6	56	1.5
12	Nov_13_2023	91.36	106.24	106.69	109.18	108.96	109.2	109.34(0.27%)	UT	OpenLong	75	0.1	14	10	10	27	3.36	78%	0.44	19.6	2.97%	0.8	1.2	51	1.4
13	Nov_10_2023	90.96	106.03	106.18	108.73	108.99	108.73	109.05(0.59%)	UT	OpenLong	75	0.1	11	-10	8	21	2.54	78%	0.4	12.7	3.02%	0.1	1.2	59	1.4
14	Nov_9_2023	90.6	105.87	106.04	108.24	108.5	108.72	108.41(-1.12%)	UD	OpenLong	75	0.1	10	20	5	24	3.16	78%	0.4	7.9	3.02%	-2.1	1.1	61	0.9
15	Nov_8_2023	90.24	105.77	105.91	106.82	108.04	109.25	109.64(0.16%)	UT	OpenLong	75	1.1	41	110	44	31	4.1	78%	0.4	7.1	3.02%	0.8	1.5	60	1.6

16	Nov_7_2023	89.88	105.76	105.64	105.48	106.11	108.28	109.47(2.22%)	UT	OpenLong	75	1.6	43	160	50	23	4.83	78%	0.22	13.6	3.04%	1.5	1.4	57	1.7
17	Nov_6_2023	89.68	105.74	105.47	103.85	104.48	106.84	107.09(0.48%)	UT	OpenLong	75	1.3	54	180	65	19	5.29	78%	0.3	17.7	3.04%	0.7	0.6	54	1.9
18	Nov_3_2023	89.41	105.72	105.22	103.29	103.05	103.94	106.58(5.22%)	N/A	N/A	0	1.3	22	50	30	-3	6.91	80%	0.3	26	3.05%	1.2	0.4	52	1.9
19	Nov_2_2023	89.14	105.67	104.87	103.63	102.79	102.13	101.3(-1.6%)	DT	OpenShort	-75	-0.8	-25	-70	-25	-26	7.5	70%	0.13	37.2	3.06%	0.3	-1.5	40	1.9
20	Nov_1_2023	89.02	105.59	105.22	104.89	104.5	102.16	102.95(1.58%)	DP	OpenShort	-75	-0.6	-33	-170	-36	-22	4.58	70%	0.3	49.8	3.19%	-0	-0.8	41	1.6

21	Oct_31_2023	88.75	105.41	105.45	105.8	105.63	103.45	101.34(-2.81%)	DT	OpenShort	-75	-1.3	-66	-150	-75	-37	11.3	70%	0.29	57.5	3.18%	-1.1	-1.2	30	1.3
22	Oct_30_2023	88.49	105.3	105.87	107.25	107.08	106.84	104.27(-3.7%)	DT	OpenShort	-75	-0.8	-20	-20	-23	-10	6.76	70%	0.32	72.8	3.16%	-2.2	-0.3	35	-0.1
23	Oct_27_2023	88.21	105.09	106.01	107.33	107.84	107.81	108.28(0.62%)	UT	OpenLong	75	0.2	18	10	22	6	7.13	76%	0.4	72.9	3.19%	0	0.8	53	-1.7
24	Oct_26_2023	87.86	104.61	105.76	106.27	106.97	107.32	107.61(0.1%)	N/A	N/A	0	0.3	2	40	6	-11	5.81	76%	0.41	63.2	3.19%	-0.9	0.7	55	-1.1
25	Oct_25_2023	87.5	104.04	105.66	105.6	105.85	107.87	107.5(-1%)	UD	OpenLong	75	0.4	23	140	29	5	7.15	78%		58.8	3.19%	0.1	0.8	70	-0.8
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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