Today's Technical View on Groupon, Baidu, Youku, TripAdvisor, and ValueClick
LONDON, April 19, 2013 /PRNewswire/ --
The shift to mobile computing has emerged as one of the major trends in technology in the last two years. This trend is also having a significant impact on Internet information providers such as Groupon Inc. (NASDAQ: GRPN), Baidu.com Inc. (NASDAQ: BIDU), Youku Tudou Inc. (NYSE: YOKU), Tripadvisor Inc. (NASDAQ: TRIP), and ValueClick Inc. (NASDAQ: VLCK). With more and more users switching to mobile computing, the key for Internet information providers going forward will be to have a sound mobile strategy. Shares of Internet information providers ended on a mixed note on Thursday as the broad market struggled following the release of some mixed earnings reports and disappointing economic data. StockCall initiated free in-depth technical analysis on GRPN, BIDU, YOKU, TRIP, and VCLK which are currently available upon sign up at
Shares of daily deals website Groupon Inc. tumbled in trading on Thursday. The stock fell to an intra-day low of $6.07 before finishing the day 4.23% lower at $6.12 on volume of 8.87 million. Despite the sharp decline yesterday, Groupon's shares have gained nearly 26% so far in 2013, outperforming the broad market. The stock, however, is still trading more than 59% below its 52-week high. The stock is still trading above its 50-day and 200-day moving averages. The stock's MACD, however, suggests that market sentiment has turned bearish. Sign up for the free technical analysis on GRPN at
Shares of Baidu.com Inc. also struggled yesterday. The stock fell to an intra-day low of $85.77 before finishing the day 2.42% lower at $86.47 on volume of 3.20 million. The company's shares are currently trading close to their 52-week low of $82.98. Year-to-date, the stock has fallen nearly 13.80%, compared to a gain of over 8% for the S&P 500. Shares of BIDU have also slipped below their 50-day moving average, which is a bearish signal. The stock's MACD is also trading below the zero-line, further confirming the negative trend. Download the free report on BIDU by registering at
Shares of Youku Tudou Inc. edged higher on Thursday even as the broad market struggled. The stock closed 0.94% higher at $17.11 on volume of 1.03 million after touching an intra-day high of $17.25. Youku's shares have gained more than 1.70% in the last three sessions. Despite the recent gains, the stock has fallen more than 6% so far in 2013. The stock is currently trading more than 33% below its 52-week high. Its 50-day moving average recently crossed below the 200-day moving average, forming a "death cross". This is a strong bearish signal. The free report on YOKU can be downloaded by signing up now at
Shares of TripAdvisor Inc. fell sharply yesterday. The stock closed 1.58% lower at $51.35 on volume of 1.21 million. Shares of TRIP traded between $50.95 and $52.45 on Thursday. The stock is currently trading close to its 52-week high of $54.14. Despite the yesterday's pullback, TripAdvisor's shares have gained 22.50% so far in 2013, outperforming the S&P 500. The stock is currently trading well above its 50-day and 200-day moving averages. Free report on TRIP can be accessed by registering at
Shares of ValueClick Inc. slipped yesterday, reversing some of the recent gains. The stock closed 0.81% lower at $28.80 on above average volume of 1.55 million. Despite the losses, ValueClick's shares have gained more than 3.80% in the last three trading sessions. Year-to-date, the stock has gained more than 48%, easily the outperforming the broad market. Despite the significant gains, the stock is still trading more than 7% below its 52-week high. The company's shares currently have strong support at around $28. Register with StockCall and download the research on VCLK for free at
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