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(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 2024-08-05 View latest technical analysis

10 day averaged volume of Pinduoduo Inc is 5037487

Date	Daily Closing Price	Open	High	Low	Volume
05 Mon Aug 2024	126.19	122.35	127.20	122.07	1.338 times
02 Fri Aug 2024	127.41	125.80	127.86	124.37	1.023 times
01 Thu Aug 2024	127.82	127.86	131.46	127.36	0.887 times
31 Wed Jul 2024	128.89	127.46	129.23	126.68	1.527 times
30 Tue Jul 2024	123.16	128.11	128.20	123.01	1.553 times
29 Mon Jul 2024	127.59	127.68	129.72	126.40	1.344 times
26 Fri Jul 2024	130.80	129.04	131.63	128.00	0.624 times
25 Thu Jul 2024	129.74	131.75	133.60	129.64	0.859 times
24 Wed Jul 2024	131.87	131.90	134.68	131.39	0.711 times
23 Tue Jul 2024	133.08	132.42	134.41	132.10	0.638 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 127.6, but if it comes above 127.6, then a intra day buy could be more profitable.
If you take a sell trade below 127.6, then use 127.6 as stoploss and 121.8 as target. However if you take a buy trade in stock , then use 127.6 as stoploss and 132.45 as target.

Share price targets for Pinduoduo Inc (PDD)

Target Type	Value
Downside Target	110.65
Downside Target	122.07
Upside Target	127.20
Upside Target	131.46
Upside Target	133.38
Upside Target	136.77
Upside Target	139.43
Upside Target	145.06
Upside Target	152.90
Upside Target	160.00

Intraday share price targets for Pinduoduo Inc (PDD)

Target Type	Value
Downside Intraday Target	123.11
Downside Intraday Target	120.02
Upside Intraday Target	128.24
Upside Intraday Target	130.28
Downside Intraday Target	125.15

Weekly technical analysis of Pinduoduo Inc (PDD)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Mon Aug 2024	126.19	122.35	127.20	122.07	0.211 times
02 Fri Aug 2024	127.41	127.68	131.46	123.01	1.727 times
26 Fri Jul 2024	130.80	135.88	136.77	128.00	0.549 times
19 Fri Jul 2024	133.04	137.31	139.43	130.25	1.149 times
12 Fri Jul 2024	142.42	135.36	145.06	133.38	2.617 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
05 Mon Aug 2024	126.19	127.86	131.46	122.07	0.127 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
31 Fri May 2024	149.78	125.09	160.00	122.56	1.482 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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 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 Strong and stock is gaining momentum.

MACD generated a SELL signal for Pinduoduo Inc in short term and the sell signal is strong.

Pinduoduo Inc Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 127.94 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.