- MACD is crossing MACD signal line at 0.8. MACD crossing signal line is bullish signal.
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes fromFinra
Moving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
As stock market volatility creates both challenges and opportunities, here's a look at Etsy, ServiceNow, Crocs and others on the IBD Breakout Stocks Index.
If you are looking for the best ideas for your portfolio you may want to consider some of Tao Value’s top stock picks. Tao Value, an investment management firm, is bullish on Pinduoduo Inc. (NASDAQ:PDD) stock. In its Q3 2019 investor letter – you can download a copy here – the firm discussed its investment […]
These lesser-known index components are hitting new highs in this mixed autumn market.
Pinduoduo (NASDAQ: PDD), China's third-largest e-commerce company after Alibaba (NYSE: BABA) and JD.com (NASDAQ: JD), launched a new service called Duo Duo Maicai ("More Grocery Shopping") in August. Maicai lets shoppers pre-order groceries online, then pick them up from local stores the next day or wait for door-to-door deliveries within three to five days. Maicai might initially seem like a minor extension of Pinduoduo's core platform, which sells discount products and encourages shoppers to...
Pinduoduo (NASDAQ: PDD) last week announced its first-ever quarterly net profit as a publicly traded company. The leading e-commerce company in China reported $69 million in profit (on an adjusted basis) for the third quarter of 2020 thanks to solid revenue growth. Pinduoduo delivered a solid quarter with growth across all metrics.
Shares of Pinduoduo Inc. rose 0.2% in morning trading Wednesday, to trade well above where the China-based mobile commerce company's upsized stock offering priced. The company said its offering of 28.7 million American depositary shares (ADS), up from previous expectations of a 22.0 million-share offering, priced at $125 per ADS, to raise $3.59 billion. The pricing was 5.8% below current prices. Separately, the company also offered $1.75 billion in convertible senior notes due 2025. The company...
SHANGHAI, China, Nov. 18, 2020 (GLOBE NEWSWIRE) -- Pinduoduo Inc. (“Pinduoduo” or the “Company”) (NASDAQ: PDD), an innovative and fast-growing technology platform and one of the leading Chinese e-commerce players, today announced the pricing of its offerings of convertible notes and equity, with a total fundraising amount of US$6.1 billion if an over-allotment is included. The Nasdaq-listed interactive mobile commerce company offered US$1.75 billion in convertible senior notes due 2025, and pri...
These two technology leaders could be good bets for the future if the broader market initiates a correction.