Baidu's most recent trend suggests a bullish bias. One trading opportunity on Baidu is a Bull Put Spread using a strike $187.50 short put and a strike $182.50 long put offers a potential 37.36% return on risk over the next 20 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $187.50 by expiration. The full premium credit of $1.36 would be kept by the premium seller. The risk of $3.64 would be incurred if the stock dropped below the $182.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Baidu is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Baidu is bullish.
The RSI indicator is at 69.78 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Baidu
[$$] Searching for a Win: A Tech Warrior’s Final Battle With Google
Fri, 26 May 2017 05:11:16 +0000
For much of the past two decades, Qi Lu, a search-technology whiz, waged losing battles against Google, first at Yahoo then at Microsoft’s Bing. Now, he says he can shape China’s Baidu into a worthy competitor …
Google Defeats World's Top Go Player, But Can It Win Over China?
Thu, 25 May 2017 22:24:00 +0000
The display of its artificial intelligence system at a Chinese board game competition comes with the hopes of reentering a region it's been blocked from since 2010.
Chinese Companies Are at Risk After Moody's Surprise Downgrade
Thu, 25 May 2017 16:00:00 +0000
Although it was the downgrade of China's creditworthiness as a nation that grabbed yesterday's headlines, three dozen companies are also finding it harder or more expensive to borrow.
Baidu Makes a Bold Move in the Self-Driving-Car Market
Thu, 25 May 2017 11:48:00 +0000
In the ongoing battle for supremacy in self-driving cars, nobody saw this coming.
Baidu’s Facemoji Keyboard Goes Parisian, Adds 3,000+ French Words to its Emoji Dictionary
Thu, 25 May 2017 07:00:00 +0000
Baidu, Inc. , the leading Chinese language Internet search provider, today announced that its smartphone app Facemoji Keyboard has added over 3,000 French words to its built-in emoji dictionary.
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