Trading Signals: PDD Stock Price Prediction and Forecast

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Fri. Oct. 30, 2020

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

(Pinduoduo Inc.)
PDD latest price $89.9900 (-4.37%) ($89.2300 - $95.3700) on Fri. Oct. 30, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.56% (three month average)
RSI   62
Latest Price   $89.9900(-4.37%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   PDD advances 0.7% a day on average for past five trading days.
Weekly Trend   PDD advances 3.8% a week on average for past two weeks.
Market Behavior   Growth stock sell-off 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(84%)    MCHI(77%)    FXI(73%)    EEM(66%)    ONLN(56%)
Factors Impacting PDD price   PDD will decline at least -1.78% in a week (0% probabilities).
VIXM(-23%)    UUP(-16%)    VXX(-10%)    TBT(-4%)    EDOC(-3%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.78% (StdDev 3.56%)
Hourly BBV -0.9 ()
Intraday Trend 0%

Inflection Point   Yes
5 Day Moving Average   $90.25(-0.29%)
10 Day Moving Average   $89.05(1.06%)
20 Day Moving Average   $84.42(6.6%)
To recent high   -7.6%
To recent low   26.1%
Market Cap   $61.104b

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 7.95% (three month std-dev: 3.56%) daily (68% of days).

Sample size 15 Average positive next day return: 2.6%(47%) Average negative next day return: -1.68%(53%) Sample size 15 Average positive next three day return: 2.82%(73%) Average negative next three day return: -3.12%(27%) Sample size 15 Average positive next weekly return: 7.47%(40%) Average negative next weekly return: -3.27%(60%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20201130

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	Oct_30_2020	84.73	84.42	89.05	90.25	91.16	92.65	89.99(-4.37%)	UD	OpenLong	75	-0	36	140	24	73	4.87	57%	0.22	64.8	3.56%	-0.9	0.8	62	-1.7
2	Oct_29_2020	84.54	83.52	88.49	89.63	90.13	91.86	94.1(4.6%)	UT	HoldLong	65	0.7	64	150	55	90	8.62	60%	0.25	59.6	3.52%	1.3	1.6	79	-1.4
3	Oct_28_2020	84.33	82.52	87.34	88.36	88.3	89.66	89.96(-0.38%)	UD	OpenLong	75	0.2	36	110	20	82	3.96	58%	0.25	56.2	3.48%	1	1.1	82	-2.6
4	Oct_27_2020	84.12	81.72	86.62	88.42	88	88.4	90.3(3.91%)	UT	HoldLong	65	0.3	40	20	20	100	3.46	61%	0.26	55.9	3.48%	1.4	1.3	78	-0.5
5	Oct_26_2020	83.9	80.88	86.03	88.19	88.25	86.93	86.9(-0.01%)	UD	OpenLong	65	-0.2	20	-100	-10	111	2.59	59%	0.22	52.5	3.51%	-0.4	1	78	-0.4

6	Oct_23_2020	83.72	80.28	85.81	87.64	88.67	87.61	86.91(-0.95%)	UD	OpenLong	65	-0.1	18	-50	-19	129	2.8	59%	0.25	47.3	3.51%	-0.7	1.1	79	1.1
7	Oct_22_2020	83.51	79.64	85.11	87.07	88.09	89.58	87.75(-2.75%)	UD	OpenLong	75	0.1	49	150	13	156	5.89	59%	0.23	41.7	3.52%	-1.4	1.3	81	1.2
8	Oct_21_2020	83.32	78.99	83.76	86.07	87.07	89.74	90.23(1.22%)	UT	HoldLong	65	0.7	98	250	73	171	6.38	59%	0.28	34.6	3.52%	0.6	2	76	0.9
9	Oct_20_2020	83.09	78.25	82.22	84.56	84.9	86.6	89.14(5.9%)	UT	HoldLong	65	0.9	73	150	48	148	8.84	59%	0.29	24.9	3.53%	1.1	2.1	76	0.6
10	Oct_19_2020	82.85	77.73	80.61	83.66	83.63	84.4	84.17(0.14%)	UT	OpenLong	75	0.1	45	60	17	130	4.15	56%	0.22	20.3	3.47%	-0.1	1.4	72	0.7

11	Oct_16_2020	82.67	77.47	79.44	83.75	83.56	83.2	84.05(1.56%)	UT	OpenLong	75	0.1	41	-40	12	127	3.63	56%	0.29	16.4	3.48%	0.9	1.5	67	1.4
12	Oct_15_2020	82.43	77.2	78.19	82.84	83.43	82.86	82.76(0.11%)	UT	OpenLong	75	-0	33	-30	7	110	3.38	56%	0.27	5.4	3.49%	-0.4	1.3	67	1.6
13	Oct_14_2020	82.21	77.06	77.33	80.98	82.44	83.92	82.67(-2.35%)	UD	OpenLong	75	0.4	47	180	31	95	4.36	56%	0.22	-10.3	3.5%	-1.2	1.4	64	2
14	Oct_13_2020	82.03	77	76.44	79.4	80.03	84	84.66(0.04%)	UT	OpenLong	75	1.3	84	370	81	91	4.63	56%	0.04	-23.2	3.49%	0.8	1.9	64	2.1
15	Oct_12_2020	82	76.82	75.26	77.06	77.7	80.96	84.63(6.45%)	UT	OpenLong	75	1.8	100	320	113	61	11.36	56%	0.2	-37.1	3.49%	1.3	1.9	54	2.7

16	Oct_9_2020	81.84	76.77	74.2	74.56	74.99	76.07	79.5(8.27%)	RB	SmallLong	20	1.2	37	120	51	-7	13.99	52%	0.24	-53.1	3.42%	2	0.7	46	2.6
17	Oct_8_2020	81.64	76.98	73.62	72.93	73.37	74.45	73.43(-1.82%)	DP	OpenShort	-65	0.1	-6	120	11	-58	4.17	47%	0.16	-61.7	3.26%	-0.9	-0.8	30	1.7
18	Oct_7_2020	81.51	77.49	73.79	73.13	72.87	73.92	74.79(2.49%)	N/A	N/A	0	0.4	6	90	28	-62	6.57	50%	0.15	-65.2	3.26%	1	-0.6	30	1
19	Oct_6_2020	81.39	77.96	73.93	73	72.71	72.29	72.97(1.21%)	DP	OpenShort	-65	-0	-20	-50	3	-87	7.2	46%	0.07	-72.9	3.3%	0.6	-1.1	20	0.3
20	Oct_5_2020	81.33	78.41	74.59	73.15	73.01	71.81	72.1(1.01%)	DP	OpenShort	-75	-0.2	-47	-120	-29	-102	7.99	46%	0.14	-80.6	3.38%	-0.3	-1.4	16	0.6

21	Oct_2_2020	81.22	79.06	75.36	73.76	73.55	73.12	71.38(-4.07%)	DT	HoldShort	-65	-0.5	-46	-50	-27	-104	5.76	51%	0.14	-82.8	3.41%	-1.9	-1.7	10	0.4
22	Oct_1_2020	81.11	79.79	76.21	74.35	74.27	74.2	74.41(0.35%)	DP	OpenShort	-65	0	-22	-10	1	-92	4.38	54%	0.19	-86.6	3.56%	0.2	-1.3	15	0.8
23	Sep_30_2020	80.96	80.57	76.85	74.52	74.32	73.98	74.15(0.61%)	DP	OpenShort	-75	-0.1	-33	-40	-10	-101	5.76	54%	0.21	-78.9	3.56%	0	-1.4	19	0.8
24	Sep_29_2020	80.79	81.41	77.68	75.01	74.5	74.33	73.7(-1.93%)	DT	HoldShort	-65	-0.3	-42	-40	-21	-104	6.64	54%	0.24	-69.3	3.56%	-1	-1.6	16	0.9
25	Sep_28_2020	80.6	82.18	78.58	76.29	75.37	74.65	75.15(1.09%)	DP	OpenShort	-75	-0.2	-36	-100	-18	-88	7.39	54%		-59.8	3.58%	0.5	-1.5	34	0.7
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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