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Stock Trend Analysis Report
Prepared for you on Thursday, May 2, 2024.
Baidu, Inc. - American Depositary Shares, each representing 8 ordinary share (NASDAQ:BIDU)
Bull Market Weakness (+75) - BIDU is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BIDU as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid BIDU?
MarketClub looks at technical strength and momentum to determine if the timing is right for BIDU.
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 BIDU
The long-term trend has been DOWN since Oct 16th, 2023 at 123.170
The intermediate-term trend has been UP since Apr 29th, 2024 at 104.415
The short-term trend has been UP since Apr 22nd, 2024 at 96.580
Smart Scan Analysis for BIDU
Based on our trend formula, BIDU is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 107.90 | 112.55 | 107.77 | 111.59 | +7.27 |
| Prev. Close | Volume | Bid | Ask | Time |
| 104.32 | 6593680 | 2024-05-02 15:59:16 |
| Year High | 284.22 | Year High Date | 2018-05-16 |
| Year Low | 175.32 | Year Low Date | 2018-11-20 |
| 52wk High | 156.98 | 52wk High Date | 2023-07-31 |
| 52wk Low | 94.45 | 52wk Low Date | 2024-04-19 |
| Year End Close | 100.29 | Average Volume | 3,378,638 |
| Shares Outstanding | 349,349 | Short Interest | 8,499,383 |
| % Institutional | 63.2 | Market Cap | 31,151M |
| Assets | 406,759,000M | Liabilities | 163,133,000M |
| P/E Ratio | 107.3251 | Beta | 1.89 |
| Volatility | 43.39 |