BAIDU INC - SPON ADR (BIDU) Stock Technical Analysis
NASDAQ:BIDU - Nasdaq - US0567521085 - ADR - Currency: USD
Taking everything into account, BIDU scores 0 out of 10 in our technical rating. BIDU's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
67% of all other stocks performed better in the past year than BIDU.
BIDU is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BIDU is lagging the market.
In the last month BIDU has a been trading in the 85.17 - 94.50 range, which is quite wide. It is currently trading near the lows of this range.
BIDU has an average volume of 3575010 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
BIDU is an average performer in the Interactive Media & Services industry, it outperforms 47% of 70 stocks in the same industry.
Although the technical rating is bad, BIDU does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
76.09
112.47
3 important support areas can be observed.
- Support @83.91 from a trend line in the weekly time frame.
- Support @82.43 from a horizontal line in the weekly time frame.
- A support zone ranging from 76.86 to 77.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 90.74 to 91.82. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 93.30 to 93.30. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 97.48 to 98.10. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @111.36 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for BIDU is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BIDU is down. |
| ChartMill Relative Strength | 33.76 | NEUTRAL | BIDU is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BIDU is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BIDU is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BIDU is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.41 | NEUTRAL | The RSI value for BIDU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.47 | NEGATIVE | The MACD value suggests BIDU has a negative trend. |
| Stochastics (14,3) | 14.83 | OVERSOLD | The low Stochastics value suggests BIDU may be oversold. |
| Average True Range in percent/ATR (20) | 3.38 | MEDIUM VOLATILITY | The ATR as a percentage value for BIDU suggests some volalility. |
| Average Directional Index/ADX (14) | 14.3 | NEGATIVE | The low ADX value for BIDU suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
86.13
-1.74 (-1.98%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg-1.98%
1 Week-5.14%
2 Weeks-1.91%
1 Month-0.25%
3 Month-4.26%
6 Month-4.93%
12 Month1.94%
2 Year-39.7%
3 Year-40.17%
5 Year-30.86%
10 Year-41.51%
15 Year9.82%
Volatility
ATR(14)3.23
ATR(20)%3.38%
ATR Inc-26.15%
Range Today1.5
ADR(20)2.22
ADR(20)%2.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS33.76
Mansfield-0.87
10 Day High94.5
10 Day Low85.47
20 Day High94.5
20 Day Low85.17
52 Week High116.25
52 Week Low74.71
CS1 End83.91
CR1 Start90.74
Volume & EV
DER(3)-3.11%
DER(5)-4.15%
Volume2.62M
Volume Incr-20.36%
Vol(5)3.31M
Vol(50)3.58M