BILIBILI INC. ADS - Daily - Technical analysis published on 12/04/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bullish
Technical indicators
33%
17%
50%
My opinion
Bullish above 16.13 USD
My targets
16.94 USD (+2.67%)
18.19 USD (+10.24%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers” generally have the upper hand, even if a small correction (not tradeable) on the support located at 16.13 USD remains possible. It is advisable to trade BILIBILI INC. ADS with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 16.13 USD. The next bullish objective for buyers is set at 16.94 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 18.19 USD. If there is any crossing, the next objective would be the resistance located at 18.94 USD. PS: if there is a bearish break in the support located at 16.13 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
FORCE
0
10
3.8
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The BILIBILI INC. ADS price is 16.50 USD. The price is lower by -1.08% since the last closing and was between 16.45 USD and 16.89 USD. This implies that the price is at +0.30% from its lowest and at -2.31% from its highest.16.45
16.89
16.50
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this BILIBILI INC. ADS chart shows a bullish trend. 75% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. There is no crossing of moving average by the price or crossing of moving averages between themselves.
On the 18 technical indicators analysed, 6 are bullish, 9 are neutral and 3 are bearish. Caution: the Central Indicators scanner currently detects an excess:
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near resistance of channel
Type : Bearish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 14.70 | 15.25 | 16.13 | 16.50 | 16.94 | 18.19 | 18.94 |
| Change (%) | -10.91% | -7.58% | -2.24% | - | +2.67% | +10.24% | +14.79% |
| Change | -1.80 | -1.25 | -0.37 | - | +0.44 | +1.69 | +2.44 |
| Level | Minor | Intermediate | Major | - | Major | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 15.77 | 16.12 | 16.40 | 16.75 | 17.03 | 17.38 | 17.66 |
| Camarilla | 16.51 | 16.57 | 16.62 | 16.68 | 16.74 | 16.80 | 16.85 |
| Woodie | 15.74 | 16.10 | 16.37 | 16.73 | 17.00 | 17.36 | 17.63 |
| Fibonacci | 16.12 | 16.36 | 16.51 | 16.75 | 16.99 | 17.14 | 17.38 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 15.72 | 16.04 | 16.66 | 16.98 | 17.60 | 17.92 | 18.54 |
| Camarilla | 17.02 | 17.11 | 17.19 | 17.28 | 17.37 | 17.45 | 17.54 |
| Woodie | 15.87 | 16.12 | 16.81 | 17.06 | 17.75 | 18.00 | 18.69 |
| Fibonacci | 16.04 | 16.40 | 16.62 | 16.98 | 17.34 | 17.56 | 17.92 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13.75 | 14.47 | 15.87 | 16.59 | 17.99 | 18.71 | 20.11 |
| Camarilla | 16.70 | 16.89 | 17.09 | 17.28 | 17.47 | 17.67 | 17.86 |
| Woodie | 14.10 | 14.64 | 16.22 | 16.76 | 18.34 | 18.88 | 20.46 |
| Fibonacci | 14.47 | 15.28 | 15.78 | 16.59 | 17.40 | 17.90 | 18.71 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 51.51 | |
| MACD (12,26,9): | 0.3500 | |
| Directional Movement: | -2.35 | |
| AROON (14): | 57.14 | |
| DEMA (21): | 17.06 | |
| Parabolic SAR (0,02-0,02-0,2): | 15.72 | |
| Elder Ray (13): | -0.06 | |
| Super Trend (3,10): | 15.52 | |
| Zig ZAG (10): | 16.49 | |
| VORTEX (21): | 0.9700 | |
| Stochastique (14,3,5): | 72.41 | |
| TEMA (21): | 17.04 | |
| Williams %R (14): | -43.10 | |
| Chande Momentum Oscillator (20): | -0.22 | |
| Repulse (5,40,3): | -1.6900 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.3800 | |
| Courbe Coppock: | 3.02 |
| MA7: | 16.92 | |
| MA20: | 16.68 | |
| MA50: | 15.52 | |
| MA100: | 15.13 | |
| MAexp7: | 16.81 | |
| MAexp20: | 16.56 | |
| MAexp50: | 15.92 | |
| MAexp100: | 15.61 | |
| Price / MA7: | -2.48% | |
| Price / MA20: | -1.08% | |
| Price / MA50: | +6.31% | |
| Price / MA100: | +9.05% | |
| Price / MAexp7: | -1.84% | |
| Price / MAexp20: | -0.36% | |
| Price / MAexp50: | +3.64% | |
| Price / MAexp100: | +5.70% |
News
The latest news and videos published on BILIBILI INC. ADS at the time of the analysis were as follows:
- Bilibili Inc. Announces Third Quarter 2019 Financial Results
- Bilibili to Report Third Quarter 2019 Financial Results on Monday, November 18, 2019
- Bilibili Inc. Announces Second Quarter 2019 Financial Results
- Bilibili to Report Second Quarter 2019 Financial Results on Monday, August 26, 2019
- Bilibili Expands Commercialization Capacity with Majority Stake in Chaodian
This member declared not having a position on this financial instrument or a related financial instrument.
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