BAIDU INC. ADS - 1H - Technical analysis published on 12/26/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
67%
6%
28%
My opinion
Bullish above 86.32 USD
My targets
88.99 USD (+0.60%)
90.98 USD (+2.85%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on BAIDU INC. ADS. This is a positive signal for buyers. As long as the price remains above 86.32 USD, a purchase could be considered. The first bullish objective is located at 88.99 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 90.98 USD as an objective. Crossing it would then enable buyers to target 94.41 USD. In the event of a return below 86.32 USD, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
5.2
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The BAIDU INC. ADS price is 88.46 USD. The price has increased by +0.47% since the last closing and was between 87.47 USD and 88.88 USD. This implies that the price is at +1.13% from its lowest and at -0.47% from its highest.87.47
88.88
88.46
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this 1H chart of BAIDU INC. ADS indicates that the overall trend is bullish. 64.29% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators shows a moderate bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 78.95 | 83.60 | 86.32 | 88.46 | 88.99 | 90.98 | 94.41 |
| Change (%) | -10.75% | -5.49% | -2.42% | - | +0.60% | +2.85% | +6.73% |
| Change | -9.51 | -4.86 | -2.14 | - | +0.53 | +2.52 | +5.95 |
| Level | Minor | Major | Major | - | Intermediate | Minor | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 86.40 | 87.11 | 87.58 | 88.29 | 88.76 | 89.47 | 89.94 |
| Camarilla | 87.73 | 87.83 | 87.94 | 88.05 | 88.16 | 88.27 | 88.38 |
| Woodie | 86.28 | 87.05 | 87.46 | 88.23 | 88.64 | 89.41 | 89.82 |
| Fibonacci | 87.11 | 87.56 | 87.84 | 88.29 | 88.74 | 89.02 | 89.47 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 76.58 | 80.30 | 83.05 | 86.77 | 89.52 | 93.24 | 95.99 |
| Camarilla | 84.02 | 84.61 | 85.21 | 85.80 | 86.39 | 86.99 | 87.58 |
| Woodie | 76.10 | 80.06 | 82.57 | 86.53 | 89.04 | 93.00 | 95.51 |
| Fibonacci | 80.30 | 82.77 | 84.30 | 86.77 | 89.24 | 90.77 | 93.24 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 62.19 | 70.57 | 77.81 | 86.19 | 93.43 | 101.81 | 109.05 |
| Camarilla | 80.76 | 82.19 | 83.62 | 85.05 | 86.48 | 87.91 | 89.35 |
| Woodie | 61.62 | 70.29 | 77.24 | 85.91 | 92.86 | 101.53 | 108.48 |
| Fibonacci | 70.57 | 76.54 | 80.22 | 86.19 | 92.16 | 95.84 | 101.81 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 57.49 | |
| MACD (12,26,9): | 0.1700 | |
| Directional Movement: | -0.01 | |
| AROON (14): | 57.15 | |
| DEMA (21): | 87.86 | |
| Parabolic SAR (0,02-0,02-0,2): | 86.91 | |
| Elder Ray (13): | 0.05 | |
| Super Trend (3,10): | 86.46 | |
| Zig ZAG (10): | 88.50 | |
| VORTEX (21): | 1.0700 | |
| Stochastique (14,3,5): | 78.11 | |
| TEMA (21): | 88.41 | |
| Williams %R (14): | -11.59 | |
| Chande Momentum Oscillator (20): | -0.06 | |
| Repulse (5,40,3): | 1.2400 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 4.89 |
| MA7: | 87.87 | |
| MA20: | 87.76 | |
| MA50: | 88.36 | |
| MA100: | 89.80 | |
| MAexp7: | 88.19 | |
| MAexp20: | 87.76 | |
| MAexp50: | 87.96 | |
| MAexp100: | 87.94 | |
| Price / MA7: | +0.67% | |
| Price / MA20: | +0.80% | |
| Price / MA50: | +0.11% | |
| Price / MA100: | -1.49% | |
| Price / MAexp7: | +0.31% | |
| Price / MAexp20: | +0.80% | |
| Price / MAexp50: | +0.57% | |
| Price / MAexp100: | +0.59% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The latest news and videos published on BAIDU INC. ADS at the time of the analysis were as follows:
- Fangzhou Inc. Strengthens Partnerships with Tencent and Baidu, Unveiling its "AI Agent Solution"
- Baidu Announces Third Quarter 2024 Results
- Baidu Unveils iRAG and No-Code Tool Miaoda to Drive AI Application Boom
- Baidu to Report Third Quarter 2024 Financial Results on Nov 21, 2024
- Baidu Announces Management Rotation
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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