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Stock Trend Analysis Report
Prepared for you on Saturday, December 9, 2023.
Baidu, Inc. - American Depositary Shares, each representing 8 ordinary share (NASDAQ:BIDU)
Sidelines Mode (+50) - BIDU is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until BIDU can gain momentum.
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 123.17
The intermediate-term trend has been UP since Nov 15th, 2023 at 112.45
The short-term trend has been UP since Dec 7th, 2023 at 115.67
Smart Scan Analysis for BIDU
Based on our trend formula, BIDU is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 114.46 | 114.46 | 112.91 | 113.46 | -2.32 |
| Prev. Close | Volume | Bid | Ask | Time |
| 113.45 | 1788308 | 2023-12-08 15:59:06 |
| Year High | 284.22 | Year High Date | 2018-05-16 |
| Year Low | 175.32 | Year Low Date | 2018-11-20 |
| 52wk High | 160.88 | 52wk High Date | 2023-02-07 |
| 52wk Low | 103.3201 | 52wk Low Date | 2023-11-01 |
| Year End Close | 100.29 | Average Volume | 3,348,324 |
| Shares Outstanding | 349,349 | Short Interest | 8,499,383 |
| % Institutional | 63.2 | Market Cap | 31,151M |
| Assets | 406,322,000M | Liabilities | 170,679,000M |
| P/E Ratio | 164.6942 | Beta | 1.89 |
| Volatility | 43.39 |