Bilibili stock: buy or sell
Updated on:
Jan 27th, 2021
1
Bilibili stock brief
- After reaching new highs on Monday, Bilibili closed on Tuesday at $126.00 sinking a -6.16%
- From the chart point view, price is drawing a scaled uptrend since March 2020 with higher tops and higher bottoms. Up to date, shares made a 554.55% profit since the beginning of this rally
- Sanford C. Bernstein posted a buy rating for Bilibili on Monday
- Bilibili Inc. provides online entertainment services for the young generations in the People's Republic of China.
Should I buy Bilibili stock?
All successful traders recommend adhering to a trading strategy and not make decisions based on subjective opinions, rumors or feelings. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best
Is $BILI stock a buy?
In the current situation of Bilibili there is not any eligible buy setup. This doesn't mean we expect a selloff for $BILI in coming sessions, or that it may not climb higher. Simply, it doesn't match our recommended trading systems
Should I sell Bilibili stock?
How to know when is it time to sell Bilibili stock?. Just as when we have to buy shares, determining when is appropiate time to sell is not a whimsical decision, and we must adhere our own trading style. When selling, as well as buying, our setups are very simple to follow and are only valid for selling stocks in your porfolio, not for selling short Bilibili stock
As a golden rule, you must never hold a trading operation that leads to greater losses than those expected upon the buy. The timing to sell shares must always be ruled by the stop-loss (automatic or manual)
Is it time to sell Bilibili stock?
In the current situation of Bilibili there is not any eligible sell setup, so Bilibili stock holders with operations in profit can keep their positions
Bilibili ratings
In the last month, just one analyst rating was published for Bilibili
| Brokerage firm | Rating |
|---|---|
| Jan 25th, 2021 | |
| Sanford C. Bernstein | Buy |
Bilibili stock analysis
Since in March 2020, Bilibili has been drawing an uptrend that by now marked a gorgeous 554.55%. The price line shows higher highs and higher lows, and along the way gave some buy points for those who wanted to trade in. Latest pullback was last November, when price bounced at $42.70. Currently, it trades in a consolidation between its last top ($144.46) and its last bottom ($42.70)
$BILI at new All-time Highs
Bilibili did it again, and hit all-time highs (ATH) on Monday at $144.46. Stock rallied fast in the last 2 weeks, cracking new all-time highs 4 times
SMAs overview
Supports and resistances
The current resistance levels are:
The current supports are:
Bollinger bands
Since the price surpassed the upper band on January 14, the price sliced by 2.63%
Relative strength index
After crossing up the overbought zone yesterday, sliced back below with a value of 66.64. This is a weak signal for the stock and it must tip us off of weakness in the stock price
Bilibili stock price history
Bilibili started trading priced at an adjusted price1 of $9.80 on Mar 2018. Since then, BILI stock surged by 1,185.71%, with an average of 592.86% per year. If you had invested thousand dollars in Bilibili stock on the IPO, it would have a value of $12,857.14 today.
1: Adjusted price after possible price splits or reverse-splits
Price target for Bilibili stock
Nobody knows how much a share will be priced in the future. Banks and financial organisations publish their analysis forecasting how a particular stock will performance in the future.
The following table shows the price predictions released by analysts for the last 30 days. If you are a small investor you shouldn't buy or sell based on these price targets.
In the last month we couldn't find any price target posted for Bilibili stock.
| Brokerage firm | Price target |
|---|---|
| Jan 25th, 2021 | |
| Sanford C. Bernstein | Not available |
Earnings and financials
Last November, Bilibili ($BILI) had the quarterly investors event and released the report. Bilibili reported earnings of $-0.41 per share on revenue of $475.1 million. The Wall St estimate was $-0.37 per share on revenue of $465.9 million.
Same quarter one year ago, reported EPS was $-1.05, so recently reported EPS is an improvement of 60.95%. Revenue exploded a 73.52% on an annualized basis in the , from $18.6B to $32.3B last quarter.Bilibili ($BILI) will host the Q4 earnings call next March.
Bilibili performance
| Company | 1m | 3m | 6m |
|---|---|---|---|
| Bilibili ($BILI) | 54.20% | 187.80% | 203.30% |
Please read:
The comments expressed in this article are personal and should not be followed as recommendations for you to buy or sell stocks. The author of this paper does not know the particular circumstances of the reader, his or her own financial statements or his or her own best interests at any given time. All users should speak with their financial advisor before buying or selling any securities Thoughts are expressed for general educational motives onlyBilibili summary
| Tuesday, January 26th, 2021 | |
|---|---|
| Open | $134.87 |
| Close | $126 |
| Day range | $124.66 - $134.87 |
| Previous close | $134.27 |
| Session gain | -6.16% |
| Average true range | $11.29 |
| 50d mov avg | $84.87 |
| 100d mov avg | $64.65 |
| 200d mov avg | $51.35 |
| Earnings date | March 16th, 2021 |