Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Bilibili Inc ADR shares valued at $9,664,405 were purchased by Vanship Limited on Dec 03 ’24. At $18.39 per share, Vanship Limited acquired 525,525 shares.
Also, Saber Lily Limited purchased 908,300 shares, netting a total of over 16,703,637 in proceeds.
As published in a research note from Daiwa Securities on November 08, 2024, Bilibili Inc ADR [BILI] has been rated up from a Neutral to a Buy. Analysts at Daiwa Securities downgraded the stock from ‘”an Outperform”‘ to ‘”a Neutral”‘ outlook in a report released in early October. As of September 26, 2024, Goldman has increased its “Neutral” rating to a “Buy” for BILI.
Analyzing BILI Stock Performance
During the last five days, there has been a surge of approximately 7.06%. Over the course of the year, Bilibili Inc ADR shares have dropped approximately -2.87%. Shares of the company reached a 52-week high of $18.10 on 01/17/25 and a 52-week low of $15.85 on 01/13/25. A 50-day SMA is recorded $18.39, while a 200-day SMA reached $17.08. Nevertheless, trading volume fell to 4.48 million shares from 4.41 million shares the previous day.
Support And Resistance Levels for Bilibili Inc ADR (BILI)
According to the 24-hour chart, there is a support level at 16.97, which, if violated, would cause prices to drop to 16.35. In the upper region, resistance lies at 18.04. The next price resistance is at 18.48. RSI (Relative Strength Index) is 50.28 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.42, which suggests the price will decrease in the coming days. Percent R is at 22.69%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
