Baidu, sell signal under management, week 11
Baidu drops 10.1% as the Sell signal picks up pace in its 11th week
Our view last week
Baidu stock drops 5.5% this week, its sharpest weekly decline in a month: sellers are back in control of 88% of volume, and the price has broken down through the 7-day high trigger level. The latest candle shows heavy distribution, with buyer dominance collapsing. The Sell signal has been under management for 9 weeks, now more than 10% in the money, and Monday's earnings report adds another layer of risk.
This week's summary
Baidu stock drops another 10.1% this week, its sharpest weekly decline since the Sell signal opened: sellers stay in control, 75% of volume, and the ADX has now risen for a second straight week, a sign the trend is gaining conviction. Price remains squeezed between the first resistance in the 93.7 area and the first support in the 91 area: a break below opens the way toward the 7-day low, in the 89.6 area. The short has been under management for 11 weeks, now more than 19% in the money.
IQS Phase
78
in tension
Signal Strength
98
downtrend making lower lows, pace holding
Sizing
STANDARD
Ranking
#2 / 93
US stocks
Trade P&L %
+19.49%
from signal to date, no stop loss
Rank position
ranks 2nd among the 93 sell signals for US stocks in our ranking, with a signal strength of 98 out of 100.
Sector context
SectorGrowth Tech
Benchmark ETFXLK
Sector regimeweak phase
Performanceweekly -3.53% · monthly +1.69%
BIDU belongs to the growth tech sector (reference ETF XLK). The sector is classified weak phase according to our weekly reading.
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