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Should You Accumulate Alibaba Group Holding Ltd - ADR (BABA) Stock Friday Morning?

Friday, August 05, 2022 07:55 AM | InvestorsObserver Analysts

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Should You Accumulate Alibaba Group Holding Ltd - ADR (BABA) Stock Friday Morning?

Alibaba Group Holding Ltd - ADR (BABA) is down -3.07%% today.

Overall Score - 53
BABA has an Overall Score of 53. Find out what this means to you and get the rest of the rankings on BABA!
BABA stock closed at $97.43 and is down -$2.99 during pre-market trading. Pre-market tends to be more volatile due to significantly lower volume as most investors only trade between standard trading hours. BABA has a roughly average overall score of 53 meaning the stock holds a better value than 53% of stocks at its current price. InvestorsObserver's overall ranking system is a comprehensive evaluation and considers both technical and fundamental factors when evaluating a stock. The overall score is a great starting point for investors that are beginning to evaluate a stock. BABA gets a average Short-Term Technical score of 60 from InvestorsObserver's proprietary ranking system. This means that the stock's trading pattern over the last month have been neutral. Alibaba Group Holding Ltd - ADR currently has the 141th highest Short-Term Technical score in the Internet Retail industry. The Short-Term Technical score evaluates a stock's trading pattern over the past month and is most useful to short-term stock and option traders.
Alibaba Group Holding Ltd - ADR's Overall and Short-Term Technical score paint a mixed picture for BABA's recent trading patterns and forecasted price. Click Here To Get The Full Report on Alibaba Group Holding Ltd - ADR (BABA)

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