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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.

NASDAQ_BIDU
Open High Low BIDU Price Change
114.46 114.46 112.91 113.46 -2.32
Entry Signal

MarketClub’s Trade Triangles for BIDU

long term down The long-term trend has been DOWN since Oct 16th, 2023 at 123.17

intermediate term up The intermediate-term trend has been UP since Nov 15th, 2023 at 112.45

short term up 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).

+50
Smart Scan Analysis for BIDU
Strong Downtrend Sideways 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 High284.22Year High Date2018-05-16
Year Low175.32Year Low Date2018-11-20
52wk High160.8852wk High Date2023-02-07
52wk Low103.320152wk Low Date2023-11-01
Year End Close100.29Average Volume3,348,324
Shares Outstanding349,349Short Interest8,499,383
% Institutional63.2Market Cap31,151M
Assets406,322,000MLiabilities170,679,000M
P/E Ratio164.6942Beta1.89
Volatility43.39
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