icon
icon
icon
icon
$300 Off
$300 Off

News /

Newswires /

Bilibili's 15min chart shows MACD Death Cross, KDJ Death Cross

AinvestFriday, May 2, 2025 9:40 am ET
1min read

Based on Bilibili's 15-minute chart, the MACD indicator has formed a death cross, and the KDJ indicator has also crossed below the 20-level, indicating a potential downward trend in the stock price. The momentum of the stock price is shifting towards the downside and may continue to decrease.

Ask Aime: "Toast (TOST) - Is the 'Death Cross' and 'Bearish Divergence' signaling a downward trend?"

Bilibili, a leading online entertainment platform in China, has reported its third quarter financial results, showcasing significant growth and improved commercialization efficiency. The company's net revenue for the period ending September 30, 2023, reached 7.306 billion yuan (1.041 billion USD), marking a 26% year-on-year increase [1]. This robust performance was driven by substantial growth in revenue from mobile games and advertising, which increased by 84% and 28% respectively.

Key financial highlights include:
- Gross Profit: 2.547 billion yuan (0.363 billion USD), up 76% year-on-year.
- Gross Margin: 34.9%, a significant improvement over the 25.0% reported in the same period last year.
- Adjusted Net Income: 0.236 billion yuan, a 137.35% year-on-year increase.

Bilibili's chairman and CEO, Chen Rui, highlighted the company's strong user engagement, with daily active users reaching 0.1073 billion, up 4.38% year-on-year, and monthly active users reaching 0.348 billion, setting new historical highs. The average daily usage time also increased to 106 minutes, an improvement of 6 minutes compared to the same period last year [1].

Despite the strong revenue growth, Bilibili's cost of goods sold and operating expenses remained stable compared to the same period last year. The cost of goods sold was 4.758 billion yuan, an increase of 9% year-on-year, primarily due to higher revenue sharing costs. Operating expenses totaled 2.614 billion yuan, with sales and marketing expenses increasing by 21% year-on-year. Research and development expenses decreased by 15% year-on-year, primarily due to the termination of several game projects [1].

In a notable move, Bilibili announced a share buyback plan, under which the company may repurchase up to 0.2 billion USD of publicly traded securities over the next 24 months [1]. This initiative aims to enhance shareholder value by reducing the number of outstanding shares.

The company's stock price reacted to the financial report, initially rising sharply before falling back, now down more than 5% from its pre-market high. Technical indicators such as the MACD and KDJ suggest a potential downward trend in the stock price, indicating a shift in momentum towards the downside [2].

References:
[1] https://www.moomoo.com/news/post/37806012/record-tr4cking-news-default
[2] (Provided chart and technical analysis)
Comments

Add a public comment...
Post
User avatar and name identifying the post author
winnerchamp
05/02
Holy!The 861062 stock generated the signal, from which I have benefited significantly!
0
Reply
User avatar and name identifying the post author
smooth_and_rough
05/02
Damn!!🚀 861244 stock went full bull as tools from Pro benefits. Cashed out $205 gains!
0
Reply
Disclaimer: The news articles available on this platform are generated in whole or in part by artificial intelligence and may not have been reviewed or fact checked by human editors. While we make reasonable efforts to ensure the quality and accuracy of the content, we make no representations or warranties, express or implied, as to the truthfulness, reliability, completeness, or timeliness of any information provided. It is your sole responsibility to independently verify any facts, statements, or claims prior to acting upon them. Ainvest Fintech Inc expressly disclaims all liability for any loss, damage, or harm arising from the use of or reliance on AI-generated content, including but not limited to direct, indirect, incidental, or consequential damages.
You Can Understand News Better with AI.
Whats the News impact on stock market?
Its impact is
fork
logo
AInvest
Aime Coplilot
Invest Smarter With AI Power.
Open App