(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 2024-09-26 View latest technical analysis
10 day averaged volume of Pinduoduo Inc is 12047030
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Thu Sep 2024 | 129.40 | 127.56 | 131.88 | 123.12 | 4.116 times |
| 25 Wed Sep 2024 | 113.94 | 110.92 | 114.11 | 110.45 | 1.011 times |
| 24 Tue Sep 2024 | 113.80 | 108.31 | 114.67 | 107.60 | 2.498 times |
| 23 Mon Sep 2024 | 102.30 | 100.86 | 102.97 | 100.44 | 0.672 times |
| 20 Fri Sep 2024 | 99.90 | 100.22 | 101.04 | 98.71 | 0.747 times |
| 19 Thu Sep 2024 | 99.98 | 101.90 | 102.00 | 98.50 | 0.865 times |
| 18 Wed Sep 2024 | 98.23 | 98.29 | 99.18 | 97.94 | 0.434 times |
| 17 Tue Sep 2024 | 98.38 | 97.42 | 99.41 | 97.42 | 0.503 times |
| 16 Mon Sep 2024 | 97.20 | 94.65 | 97.38 | 93.99 | 0.733 times |
| 13 Fri Sep 2024 | 94.99 | 91.20 | 96.39 | 91.19 | 1.352 times |
Stock of Pinduoduo Inc (PDD) has showed a significant upmove. This could be a good time to enter in this stock!
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 119.5, for a target of 108.7 or 99.75
Share price targets for Pinduoduo Inc (PDD)
| Target Type | Value |
| Downside Target | 88.01 |
| Downside Target | 90.16 |
| Downside Target | 93.90 |
| Downside Target | 97.13 |
| Downside Target | 122.56 |
| Upside Target | 131.36 |
| Upside Target | 131.88 |
| Upside Target | 145.06 |
| Upside Target | 152.22 |
| Upside Target | 152.90 |
| Upside Target | 160.00 |
Intraday share price targets for Pinduoduo Inc (PDD)
| Target Type | Value |
| Downside Intraday Target | 109.27 |
| Downside Intraday Target | 89.13 |
| Upside Intraday Target | 140.71 |
| Upside Intraday Target | 152.01 |
| Downside Intraday Target | 120.57 |
Weekly technical analysis of Pinduoduo Inc (PDD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Thu Sep 2024 | 129.40 | 100.86 | 131.88 | 100.44 | 2.527 times |
| 20 Fri Sep 2024 | 99.90 | 94.65 | 102.00 | 93.99 | 0.727 times |
| 13 Fri Sep 2024 | 94.99 | 92.28 | 99.14 | 90.20 | 0.988 times |
| 06 Fri Sep 2024 | 93.30 | 94.99 | 98.75 | 90.16 | 1.673 times |
| 30 Fri Aug 2024 | 96.11 | 96.62 | 97.13 | 93.90 | 0.129 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Pinduoduo Inc (PDD)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 26 Thu Sep 2024 | 129.40 | 94.99 | 131.88 | 90.16 | 0.604 times |
| 30 Fri Aug 2024 | 96.11 | 127.86 | 152.22 | 88.01 | 3.19 times |
| 31 Wed Jul 2024 | 128.89 | 133.55 | 145.06 | 123.01 | 0.815 times |
| 28 Fri Jun 2024 | 132.95 | 147.94 | 152.90 | 131.36 | 0.668 times |
Scroll below to view daily charts
Price has moved up 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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Pinduoduo Inc ( (PDD) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Pinduoduo Inc ( (PDD) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Pinduoduo Inc ( (PDD) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Pinduoduo Inc stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Pinduoduo Inc in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Pinduoduo Inc Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Pinduoduo Inc in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Pinduoduo Inc is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 112.42 and Pinduoduo Inc (PDD) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive 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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Pinduoduo Inc ( (PDD) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Pinduoduo Inc ( (PDD) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Pinduoduo Inc ( (PDD) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Pinduoduo Inc stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Pinduoduo Inc in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Pinduoduo Inc Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Pinduoduo Inc in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Pinduoduo Inc is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 112.42 and Pinduoduo Inc (PDD) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive 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.