BABA Tests $153 Support Will Buyers Step In

$Alibaba(BABA)$

BABA Alibaba Drops -0.78%: E-Commerce Giant Tests Support at $153.80, Consolidation Zone Emerges

Latest Close Data (EST 2025-12-15)

BABA closed at $155.68, down -$1.22 (-0.78%) from previous session's $156.90. Trading 19.2% below 52-week high of $192.67, with intraday range $153.80-$158.95.

Core Market Drivers

Chinese tech stocks face headwinds amid regulatory uncertainty and broader market volatility.

BABA's e-commerce fundamentals remain solid despite macro pressures.

Net capital outflows of $38M over 5-day period signal cautious institutional sentiment.

Technical Analysis

Volume: 6.71M shares (Volume Ratio: 0.86x below average). RSI(6): 39.89 approaching oversold territory,

RSI(12): 43.32 neutral zone. MACD showing bearish divergence with DIF at -1.81 below DEA -1.93, generating weak bullish signal (+0.24).

Key Price Levels

Primary Support: $153.80 (today's low)
Strong Resistance: $158.11 (Dec 12 high)
Immediate Pivot: $156.90 (previous close)

Valuation Perspective

P/E TTM: 21.19x vs historical average 12.28x, indicating premium valuation.

Forward P/E: 24.59x significantly above +1 std dev (16.91x), suggesting stretched metrics. P/S ratio: 2.59x remains reasonable for growth profile.

Analyst Targets

39 institutions coverage: Average target $200.42 (+28.8% upside). Distribution: 14 Strong Buy, 24 Buy, 4 Hold, 1 Underperform. Target range: $120.00-$271.45.

Weekly Outlook

Expect consolidation between $153-$160 support/resistance zone. Break below $153.80 targets $150 level. Upside breakout above $160 could retest $170 resistance with renewed momentum.

Risk Disclaimer

This analysis is for informational purposes only and does not constitute investment advice. Past performance does not guarantee future results. Please conduct your own research before making investment decisions.

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