(PDD) Pinduoduo Inc complete technical analysis [charts+indicators] | Buy/Sell Pinduoduo Inc | (PDD) share price targets
Complete technical analysis of Pinduoduo Inc (PDD) by charts plus indicators, forecast predictions and share price targets for Pinduoduo Inc (PDD)
Pinduoduo Inc trades in USA in Miscellaneous sector.
Showing technical analysis as on 2024-02-29 View latest technical analysis
10 day averaged volume of Pinduoduo Inc is 6265490
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Thu Feb 2024 | 124.54 | 126.65 | 128.80 | 124.10 | 0.747 times |
| 28 Wed Feb 2024 | 125.01 | 126.50 | 127.86 | 124.83 | 0.638 times |
| 27 Tue Feb 2024 | 128.33 | 127.55 | 130.79 | 126.20 | 0.975 times |
| 26 Mon Feb 2024 | 126.48 | 123.18 | 126.62 | 121.25 | 1.295 times |
| 23 Fri Feb 2024 | 127.69 | 133.10 | 133.90 | 124.18 | 1.639 times |
| 22 Thu Feb 2024 | 131.63 | 131.93 | 133.16 | 130.66 | 0.733 times |
| 21 Wed Feb 2024 | 129.76 | 132.89 | 135.07 | 129.00 | 1.018 times |
| 20 Tue Feb 2024 | 131.30 | 135.00 | 135.00 | 129.12 | 1.206 times |
| 16 Fri Feb 2024 | 135.26 | 138.20 | 139.06 | 135.24 | 0.977 times |
| 15 Thu Feb 2024 | 135.32 | 133.00 | 135.53 | 133.00 | 0.861 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 124.9, but if it comes above 124.9, then a intra day buy could be more profitable.
If you take a sell trade below 124.9, then use 124.9 as stoploss and 120.7 as target. However if you take a buy trade in stock , then use 124.9 as stoploss and 128.45 as target.
Share price targets for Pinduoduo Inc (PDD)
| Target Type | Value |
| Downside Target | 96.45 |
| Downside Target | 112.77 |
| Downside Target | 120.20 |
| Upside Target | 128.15 |
| Upside Target | 135.07 |
| Upside Target | 136.22 |
| Upside Target | 137.11 |
| Upside Target | 139.06 |
| Upside Target | 147.65 |
| Upside Target | 150.66 |
| Upside Target | 152.99 |
Intraday share price targets for Pinduoduo Inc (PDD)
| Target Type | Value |
| Downside Intraday Target | 120.26 |
| Downside Intraday Target | 115.99 |
| Upside Intraday Target | 129.8 |
| Upside Intraday Target | 135.07 |
| Upside Intraday Target | 125.53 |
Weekly technical analysis of Pinduoduo Inc (PDD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Thu Feb 2024 | 124.54 | 123.18 | 130.79 | 121.25 | 0.795 times |
| 23 Fri Feb 2024 | 127.69 | 135.00 | 135.07 | 124.18 | 1.006 times |
| 16 Fri Feb 2024 | 135.26 | 129.09 | 139.06 | 128.15 | 0.791 times |
| 09 Fri Feb 2024 | 127.48 | 121.80 | 129.94 | 120.20 | 0.565 times |
| 02 Fri Feb 2024 | 124.59 | 137.08 | 137.11 | 122.25 | 1.96 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Pinduoduo Inc (PDD)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 29 Thu Feb 2024 | 124.54 | 127.22 | 139.06 | 120.20 | 0.744 times |
| 31 Wed Jan 2024 | 126.87 | 143.88 | 152.99 | 123.54 | 1.177 times |
| 29 Fri Dec 2023 | 146.31 | 143.32 | 150.66 | 136.22 | 0.837 times |
| 30 Thu Nov 2023 | 147.44 | 101.09 | 147.65 | 98.08 | 1.127 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Pinduoduo Inc (PDD)
Price action analysis of Pinduoduo Inc ( (PDD) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Pinduoduo Inc ( (PDD) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Pinduoduo Inc ( (PDD) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Pinduoduo Inc ( (PDD) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Pinduoduo Inc stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Pinduoduo Inc in short term and the sell signal is strong.
Pinduoduo Inc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Pinduoduo Inc in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Pinduoduo Inc is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 129.51 and Pinduoduo Inc (PDD) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Pinduoduo Inc (PDD) stock. Volume based technical analysis of Pinduoduo Inc (PDD) stock is negative.
Pinduoduo Inc Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Pinduoduo Inc ( (PDD) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Pinduoduo Inc ( (PDD) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Pinduoduo Inc ( (PDD) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Pinduoduo Inc ( (PDD) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Pinduoduo Inc stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Pinduoduo Inc in short term and the sell signal is strong.
Pinduoduo Inc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Pinduoduo Inc in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Pinduoduo Inc is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 129.51 and Pinduoduo Inc (PDD) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Pinduoduo Inc (PDD) stock. Volume based technical analysis of Pinduoduo Inc (PDD) stock is negative.
Pinduoduo Inc Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.