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Stock Trend Analysis Report

Prepared for you on Wednesday, June 12, 2024.

Baidu, Inc. - American Depositary Shares, each representing 8 ordinary share (NASDAQ:BIDU)

Long-Term Downtrend (-90) - BIDU is in a strong downtrend that is likely to continue. While BIDU is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
94.500 94.740 93.510 94.620 +0.675
Entry Signal

MarketClub’s Trade Triangles for BIDU

long term down The long-term trend has been DOWN since Jun 11th, 2024 at 94.25

intermediate term down The intermediate-term trend has been DOWN since May 22nd, 2024 at 102.88

short term down The short-term trend has been DOWN since Jun 10th, 2024 at 95.41

Smart Scan Analysis for BIDU

Based on our trend formula, BIDU is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for BIDU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
94.500 94.740 93.510 94.620 +0.675
Prev. Close Volume Bid Ask Time
93.945 1459780 2024-06-12 13:09:10
Year High284.22Year High Date2018-05-16
Year Low175.32Year Low Date2018-11-20
52wk High156.9852wk High Date2023-07-31
52wk Low93.3252wk Low Date2024-06-11
Year End Close100.29Average Volume3,492,860
Shares Outstanding349,349Short Interest8,499,383
% Institutional63.2Market Cap31,151M
Assets414,697,000MLiabilities166,690,000M
P/E Ratio100.4759Beta1.89
Volatility43.39
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