BAIDU INC - SPON ADR (BIDU) Stock Technical Analysis
NASDAQ:BIDU - Nasdaq - US0567521085 - ADR - Currency: USD
We assign a technical rating of 1 out of 10 to BIDU. BIDU scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
75% 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 81.17 - 95.15 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
BIDU has an average volume of 3938480 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
BIDU is an average performer in the Interactive Media & Services industry, it outperforms 54% of 71 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, BIDU does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
76.09
112.47
When analyzing the support we can see 3 important areas.
- A support zone ranging from 85.78 to 85.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @83.30 from a trend line in the daily 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 7 important areas.
- A resistance zone ranging from 86.09 to 87.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @90.74 from a horizontal line in the daily time frame.
- Resistance @92.50 from a horizontal line in the daily time frame.
- Resistance @95.70 from a trend line in the daily time frame.
- Resistance @97.48 from a horizontal line in the weekly time frame.
- Resistance @100.11 from a trend line 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 | NEUTRAL | NEUTRAL | The short term trend for BIDU is neutral. |
| ChartMill Relative Strength | 25.55 | NEGATIVE | BIDU has a low relative strength, it was outperformed by 74.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BIDU is above 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) | 48.25 | NEUTRAL | The RSI value for BIDU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.36 | POSITIVE | The MACD value suggests BIDU has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.51 | NEUTRAL | The Stochastics value for BIDU is a neutral value. |
| Average True Range in percent/ATR (20) | 2.49 | MEDIUM VOLATILITY | The ATR as a percentage value for BIDU suggests some volalility. |
| Average Directional Index/ADX (14) | 14.21 | 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
-1.81 (-2.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg-2.06%
1 Week0.22%
2 Weeks5.01%
1 Month-3.57%
3 Month-8.34%
6 Month-5.31%
12 Month-6.51%
2 Year-37.18%
3 Year-42.18%
5 Year-28.27%
10 Year-56.8%
15 Year26.32%
Volatility
ATR(14)1.85
ATR(20)%2.49%
ATR Inc-2.44%
Range Today1.26
ADR(20)1.8
ADR(20)%2.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.55
Mansfield-0.7
10 Day High89.05
10 Day Low82.39
20 Day High95.15
20 Day Low81.17
52 Week High116.25
52 Week Low74.71
CS1 End85.87
CR1 Start86.09
Volume & EV
DER(3)0.61%
DER(5)2.38%
Volume2.41M
Volume Incr-36.38%
Vol(5)2.38M
Vol(50)3.94M