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BAIDU INC - SPON ADR (BIDU) Stock Technical Analysis

NASDAQ:BIDU - Nasdaq - US0567521085 - ADR - Currency: USD

93.85  +4.53 (+5.07%)

After market: 94.2492 +0.4 (+0.43%)

Technical Rating and Analysis

6

We assign a technical rating of 6 out of 10 to BIDU. In the last year, BIDU was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.

When comparing the yearly performance of all stocks, BIDU is a bad performer in the overall market: 66% of all stocks are doing better.
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.
In the last month BIDU has a been trading in the 77.19 - 96.18 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
BIDU has an average volume of 3393580 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
BIDU is part of the Interactive Media & Services industry. There are 71 other stocks in this industry, BIDU did better than 51% of them.
BIDU is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BIDU is lagging the market.
Weekly and Daily overview Charts
BAIDU INC - SPON ADR / BIDU Weekly stock chart
BAIDU INC - SPON ADR / BIDU Daily stock chart
Setup Rating and Analysis

7

BIDU has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 93.86. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 93.59, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

85.53

114.54

2 important support areas can be observed.

  • A support zone ranging from 93.01 to 93.59. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A support zone ranging from 86.39 to 89.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

When analyzing the resistance we notice 5 important areas.

  • A resistance zone ranging from 93.86 to 94.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @96.70 from a trend line in the weekly time frame.
  • Resistance @105.00 from a trend line in the weekly time frame.
  • Resistance @111.36 from a horizontal line in the weekly time frame.
  • Resistance @113.41 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.97
Mansfield-0.81
10 Day High96.18
10 Day Low86.52
20 Day High96.18
20 Day Low77.19
52 Week High116.25
52 Week Low77.19
Performance
1 Week7%
2 Weeks6.03%
1 Month21.21%
3 Month10.96%
6 Month5.49%
12 Month-12.39%
2 Year-31.84%
3 Year-38.43%
5 Year-21.78%
10 Year-53.94%
15 Year80.94%
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)
Technical Indicators
MACD(12,26,9)0.55
RSI(14)60.03
LBB82.24
UBB96.08
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
94.7893.001.78 (1.88%)25.00%
An entry @94.78. This is a Buy Stop order right above the resistance zone.An exit @93.00. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 1.78 points, which is 1.88%.For a 0.47% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of BIDU. 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.
BAIDU INC - SPON ADR / BIDU Daily stock chart

BAIDU INC - SPON ADR

NASDAQ:BIDU (2/10/2025, 8:00:01 PM)

After market: 94.2492 +0.4 (+0.43%)

93.85

+4.53 (+5.07%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg5.07%
1 Week7%
2 Weeks6.03%
1 Month21.21%
3 Month10.96%
6 Month5.49%
12 Month-12.39%
2 Year-31.84%
3 Year-38.43%
5 Year-21.78%
10 Year-53.94%
15 Year80.94%
Volatility
ATR(14)3.97
ATR(20)%3.63%
ATR Inc1.9%
Range Today2.86
ADR(20)2.85
ADR(20)%3.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.97
Mansfield-0.81
10 Day High96.18
10 Day Low86.52
20 Day High96.18
20 Day Low77.19
52 Week High116.25
52 Week Low77.19
CS1 End93.59
CR1 Start93.86
Volume & EV
DER(3)1.09%
DER(5)1.85%
Volume5.84M
Volume Incr30.61%
Vol(5)5.03M
Vol(50)3.39M