Alibaba Group Holding Ltd ADR sell FinanceClub_UoM
Summary
This prediction ended on 09.11.20 with a price of €255.50. The SELL prediction by FinanceClub_UoM shows the price for Alibaba Group Holding Ltd ADR slightly increased by 4.71% during the runtime of the prediction. FinanceClub_UoM has 50% into this predictionAlibaba Group Holding Limited is a Chinese multinational technology company specializing in e-commerce, retail, Internet and technology. It was founded in 1999 by Jack Ma and is headquartered in Hangzhou, China. Alibaba operates through various segments, including e-commerce, cloud computing, digital media, and entertainment, as well as innovation initiatives and other ancillary businesses. Its e-commerce platforms facilitate consumer-to-consumer, business-to-consumer, and business-to-business transactions. The company's initial public offering (IPO) in 2014 was the largest in history, raising $25 billion in capital, and it is currently listed on the New York Stock Exchange under the symbol BABA.
Performance without dividends (%)
Name | 1w | 1m | 1y | 3y |
---|---|---|---|---|
Alibaba Group Holding Ltd ADR | -2.503% | -2.503% | -15.389% | -60.057% |
iShares Core DAX® | -0.116% | 1.953% | 14.155% | 16.268% |
iShares Nasdaq 100 | -2.733% | -1.273% | 31.828% | 43.377% |
iShares Nikkei 225® | -1.721% | 3.263% | 12.922% | 8.501% |
iShares S&P 500 | -1.527% | 0.194% | 27.117% | 41.752% |
Comments by FinanceClub_UoM for this prediction
In the thread Alibaba Group Holding Ltd ADR diskutieren
For a daily investment approach, as analysts, we suggest a Strong Sell position due to the technical indicators shows a strong sell signal, and the moving averages state a sell signal. For an investment with a weekly or monthly duration, we can not say anything because of the rapid developments all over the world.
In the thread Trading Alibaba Group Holding Ltd ADR