Technical Analysis:
Based on the technical indicators, BABA is currently showing mixed signals. The RSI-14 at 61.99 indicates the stock is approaching but not yet in overbought territory. The stock is trading near its 20-day SMA of $84.48 and 200-day SMA of $84.33, suggesting a period of consolidation.
Fibonacci Analysis: The key Fibonacci levels for BABA are:
News Sentiment Analysis: Recent news sentiment is cautiously positive:
Price Prediction for Next Week: Based on technical and news analysis, BABA is likely to trade between $84.41 (pivot) and $87.90 (R1) next week. The stock shows potential for upward movement due to:
Trading Recommendation: BUY with entry point at current level ($84.90) with following targets:
The risk-reward ratio is favorable with potential 3.5% upside to first target and 4.7% downside to stop loss. The stock's current valuation at 9.2x forward P/E represents a significant discount to industry average of 25.34x, providing additional support for the bullish case.
The price of BABA is predicted to go up 3.78%, based on the high correlation periods with JBHT. The similarity of these two price pattern on the periods is 95.28%.
BABA
JBHT
Year
BABA Price Forecast($)
Potential Return(%)
2025
84.740
-0.940
2026
110.000
28.590
2027
120.000
40.290
2028
120.000
40.290
2029
150.000
75.400
2030
150.000
75.400
Alibaba is able to maintain or increase its gross merchandise volume share in China's e-commerce space, demonstrating its ability to execute its turnaround strategy.
Alibaba successfully increases key metrics such as customer retention, purchase frequency, and average order value, driving gross merchandise volume growth to outperform the growth of China's online retail sales of physical goods.
Alibaba delivers better-than-expected adjusted EBITA margins despite competition and reinvestment.
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