What Does MACD Oscillator Analysis predict about Bitauto Holdings Limited (NYSE:BITA)?

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Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of Bitauto Holdings Limited (NYSE:BITA) for the period of 9-Day stands at 80.93% while the stochastic %D for the same period stands at 83.04%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of Bitauto Holdings Limited (NYSE:BITA) signals “Buy” while other important signals like the 20-Day Moving Average Vs. Price signals “Buy”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Buy” for Bitauto Holdings Limited (NYSE:BITA) while 20-100 Day MACD Oscillator indicates “Buy”.

Bollinger band is a volatility indicator of a certain security, currently Bitauto Holdings Limited (NYSE:BITA)’s 20-Day Bollinger Band indicates “Buy”.

About Company

Bitauto Holdings Limited is engaged in providing internet content and marketing services for automotive industry in China. Its bitauto.com and ucar.cn websites provide consumers new and used automobile pricing information, specifications, reviews and consumer feedback. The Company operates in three segments- bitauto.com business, ucar.cn business and digital marketing solutions business. Bitauto.com business provides subscription services to new automobile dealers and advertising services to dealers and automakers on bitauto.com website. Bitauto’s ucar.cn business provides listing and advertising services to used automobile dealers on ucar.cn website. The Company’s digital marketing solutions business provides automakers with digital marketing solutions, including website creation and maintenance, online public relations, online marketing campaigns and advertising agent services. Bitauto Holdings Limited is headquartered in Beijing, the People’s Republic of China.

Previous Day Activity Analysis

On the last trading day, Bitauto Holdings Limited (NYSE:BITA) opened the session at $51.51 and after going up 5.35% closed at $53.21. The stock gained 1.7 points in the last trade.

Bitauto Holdings Limited (NYSE:BITA)’s stock fluctuated in the range of $50.86 and $53.60 during the previous active session. Bitauto Holdings Limited (NYSE:BITA) traded with the volume of 1.21 Million with average volume of 961.23 Million. The stock has MEDIUM volatility on the last trading session.

Currently the Beta for the company remains at 3.21 while ATR (Average True Range) and RSI (Relative Strength Index) are at 2.03 and 78.09 respectively.

Currently the Insider Ownership of the shares of Bitauto Holdings Limited (NYSE:BITA) is at 16.69% and the shares outstanding are 69.32 Million.

Important Ratio Analysis

Some important ratios to consider here for Bitauto Holdings Limited (NYSE:BITA) are discussed below:

Dividend yield of Bitauto Holdings Limited (NYSE:BITA) stands at 0% whereas Price to Earnings P/E ratio stands at 0 while Forward P/E shows the value of 26.7.

The Price to Sale P/S and Price to Book P/B shows the value of 3.46 and 2.56 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 9.12 and 0 correspondingly.

The Quick Ratio of Bitauto Holdings Limited (NYSE:BITA) stands at 0 while the Current Ratio depicts the value of 1.2.

Return on Assets ROA of Bitauto Holdings Limited (NYSE:BITA) is at -2.2% whereas, Return on Equity ROE and Return of Investment ROI of Bitauto Holdings Limited (NYSE:BITA) stand at -6.4% and -1.4% respectively.

Stock Performance Analysis

The stock performance of Bitauto Holdings Limited (NYSE:BITA) on the basis of 5 day trade show the jump of 6.33% whereas, the monthly performance of the stock shows increase of 20.06%.

The quarterly performance of the stock remained in green zone with the value of 76.13% while six month performance of the shares of Bitauto Holdings Limited (NYSE:BITA) remained bullish with the count of 121.71%.

The yearly and YTD performance of Bitauto Holdings Limited (NYSE:BITA) remained up at 93.63% and 180.94% respectively.