BILIBILI INC-SPONSORED ADR (BILI) Stock Technical Analysis
NASDAQ:BILI - Nasdaq - US0900401060 - ADR - Currency: USD
We assign a technical rating of 7 out of 10 to BILI. In the last year, BILI was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
BILI is part of the Interactive Media & Services industry. There are 71 other stocks in this industry. BILI outperforms 85% of them.
In the last month BILI has a been trading in the 17.02 - 19.24 range, which is quite wide. It is currently trading near the high of this range.
BILI has an average volume of 4536210 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that BILI is one of the better performing stocks in the market, outperforming 81% of all stocks. However, BILI's most recent performance is quite weak.
BILI is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BILI is lagging the market slightly.
Volume is considerably higher in the last couple of days.
BILI has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 18.95. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 18.50, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BILI in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
14.52
24.37
When analyzing the support we can see 6 important areas.
- A support zone ranging from 18.07 to 18.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @17.52 from a horizontal line in the daily time frame.
- Support @16.79 from a trend line in the weekly time frame.
- Support @16.20 from a horizontal line in the weekly time frame.
- Support @15.27 from a trend line in the daily time frame.
- Support @14.67 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 18.95 to 18.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @21.27 from a trend line in the daily time frame.
- Resistance @22.36 from a trend line in the weekly time frame.
- Resistance @24.13 from a horizontal line in the daily 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 BILI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BILI is up. |
| ChartMill Relative Strength | 81.27 | POSITIVE | BILI has a high relative strength, it outperformed 81.27% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BILI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BILI is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BILI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.05 | NEUTRAL | The RSI value for BILI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests BILI has a positive trend. |
| Stochastics (14,3) | 58.64 | NEUTRAL | The Stochastics value for BILI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.83 | MEDIUM VOLATILITY | The ATR as a percentage value for BILI suggests some volalility. |
| Average Directional Index/ADX (14) | 13.65 | NEGATIVE | The low ADX value for BILI 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 18.96 | 18.06 | 0.90 (4.75%) | 21.07% |
| An entry @18.96. This is a Buy Stop order right above the resistance zone. | An exit @18.06. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.90 points, which is 4.75%. | When investing 21.07% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of BILI. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
18.935
+0.58 (+3.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg3.19%
1 Week0.03%
2 Weeks8.01%
1 Month8.76%
3 Month-17.02%
6 Month3.87%
12 Month35.83%
2 Year20.91%
3 Year-15.28%
5 Year-41.61%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.84
ATR(20)%3.83%
ATR Inc-13.8%
Range Today0.67
ADR(20)0.53
ADR(20)%2.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.27
Mansfield0.3
10 Day High19.24
10 Day Low17.6
20 Day High19.24
20 Day Low17.02
52 Week High31.77
52 Week Low12.72
CS1 End18.5
CR1 Start18.95
Volume & EV
DER(3)5.81%
DER(5)2.35%
Volume5.19M
Volume Incr188.75%
Vol(5)7.63M
Vol(50)4.54M