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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
ALIBABA GROUP HOLDING LTD (NASDAQ:BABAF)
Bull Market Weakness (+75) - BABAF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BABAF as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid BABAF?
MarketClub looks at technical strength and momentum to determine if the timing is right for BABAF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for BABAF
The long-term trend has been UP since May 2nd, 2024 at 10.00
The intermediate-term trend has been UP since Apr 30th, 2024 at 9.50
The short-term trend has been DOWN since May 8th, 2024 at 9.98
Smart Scan Analysis for BABAF
Based on our trend formula, BABAF is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 9.4500 | 9.7055 | 9.4500 | 9.7000 | -0.1900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 9.4500 | 56795 | 2024-05-08 13:00:00 |
| 52wk High | 12.92 | 52wk High Date | 2023-07-31 |
| 52wk Low | 8.08 | 52wk Low Date | 2024-01-19 |
| Average Volume | 101,475 | Shares Outstanding | 2,710,914 |
| Assets | 182,096,600M | Liabilities | 799,815,000M |