BABA prices predicted.
5/11/2025 03:14am
**Alibaba's stock price is predicted to face a bearish trend in the near term.** Here's the analysis to support this conclusion:
1. **Current Price Trend**: The stock is currently between narrow resistance and wide resistance levels, indicating a price swing rather than a clear trend.
2. **Forecasted Price Trend**: The forecast for Alibaba's stock price trend is bearish, with a sell advice and a historical win rate of 63.54% for this type of forecast.
3. **Support and Resistance Levels**: The stock is positioned between its support and resistance levels, which could lead to a pullback towards the support level of $112.32 and a potential drop towards the support level of $105.9.
4. **Closing Price and Trading Volume**: The closing price on May 9, 2025, was $125.33, with a trading volume of 11.17 million shares. This indicates strong investor interest, which could influence the stock's price movement.
|code|Ticker|Name|Date|Closing Price|Trading Volume|market_code|
|---|---|---|---|---|---|---|
|BABA|BABA.N|Alibaba Group|20250509|125.33|1.1172185E7|169|
5. **Analyst Sentiment**: The average analyst price target for Alibaba is $168.9, with a consensus rating of "Buy". This suggests that analysts are generally optimistic about the stock's future performance, which could be a contrast to the bearish forecast.
6. **Recent Performance**: Alibaba's stock has experienced a 27% price jump in the last month and a 58% increase in the last year, indicating a recent positive momentum. However, this does not necessarily translate to a continued upward trend.
In conclusion, while analyst sentiment is positive, the forecast for Alibaba's stock price trend is bearish in the near term, likely due to the current price being between resistance levels and the expectation of a price swing. Investors should consider these factors and their own investment strategy before making decisions.