Auto-detected technical analysis for PDD · data as of Aug 4, 2026. The chart above is live; the read below updates daily.
PDD is currently forming a falling wedge on the daily timeframe. Detected Aug 4, 2026.
A falling wedge usually breaks higher, but PDD is breaking lower out of it instead — a notably bearish turn. A breakout projects a measured-move target near $68.57 (−11.3%). Across 8,465 backtested falling wedges, the setup followed through 56.2% of the time, averaging +0.55R; PDD's own falling wedges have hit 28.6%.
New to this pattern? What a falling wedge is and how to trade it →
PDD's most recent completed falling wedge (which broke against type) resolved as a loss: it broke down on Jun 23, 2026 near $76.95, then was stopped out at $84.74 on Jul 8, 2026 — a -1.04R move (10.1%) over 10 sessions. Across 39 backtested falling wedges, this setup wins 48.7% of the time.
Historical pattern statistics (2006-08-04 – 2026-08-03), not a prediction.
Every completed pattern trade our nightly backtest found on PDD's daily chart, newest first — wins and losses alike.
| Pattern | Entry | Exit | Outcome | Result |
|---|---|---|---|---|
| Falling Wedge | Jun 23, 2026 @ $76.95 | Jul 8, 2026 @ $84.74 | Loss | -1.04R |
| Falling Wedge | May 27, 2026 @ $88.69 | May 28, 2026 @ $84.94 | Win | +0.39R |
| Triangle | May 12, 2026 @ $97.45 | May 27, 2026 @ $87.30 | Win | +1.87R |
| Triangle | Apr 21, 2026 @ $102.65 | May 27, 2026 @ $92.49 | Win | +1.82R |
| Falling Wedge | Mar 25, 2026 @ $101.37 | Apr 21, 2026 @ $98.99 | Loss | -0.40R |
| Triangle | Mar 19, 2026 @ $99.50 | May 27, 2026 @ $91.75 | Win | +1.24R |
| Falling Wedge | Feb 18, 2026 @ $103.26 | Mar 19, 2026 @ $97.43 | Loss | -1.28R |
| Triangle | Nov 13, 2025 @ $135.34 | Nov 18, 2025 @ $122.63 | Win | +3.36R |
| Rising Wedge | Oct 9, 2025 @ $133.00 | Oct 27, 2025 @ $137.76 | Loss | -1.24R |
| Rising Wedge | Sep 23, 2025 @ $128.20 | Oct 27, 2025 @ $137.76 | Loss | -1.33R |
| Triangle | Aug 20, 2025 @ $120.50 | Sep 23, 2025 @ $128.52 | Win | +0.95R |
| Triangle | Jul 17, 2025 @ $106.13 | Aug 29, 2025 @ $120.22 | Win | +3.48R |
Price found a floor near $73.87 about 5 weeks ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $401.98 — still about 342% away.
Nearest auto-detected support sits near $75.93. These are chart/swing-derived levels, not formula pivots.
| Date | Open | High | Low | Close |
|---|---|---|---|---|
| Aug 4, 2026 | $89.44 | $91.28 | $89.20 | $91.03 |
| Aug 3, 2026 | $90.00 | $90.50 | $89.15 | $90.15 |
| Jul 31, 2026 | $87.63 | $88.67 | $86.63 | $88.56 |
| Jul 30, 2026 | $86.54 | $87.53 | $85.75 | $87.44 |
| Jul 29, 2026 | $85.60 | $89.71 | $85.31 | $88.32 |
| Jul 28, 2026 | $85.00 | $86.34 | $84.99 | $85.71 |
| Jul 27, 2026 | $84.20 | $85.75 | $83.23 | $84.85 |
| Jul 24, 2026 | $83.06 | $83.10 | $82.06 | $82.66 |
| Jul 23, 2026 | $83.25 | $83.89 | $82.06 | $83.30 |
| Jul 22, 2026 | $84.13 | $84.66 | $83.03 | $83.59 |
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.