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 43.68% return on risk over the next 23 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 $1.52 would be kept by the premium seller. The risk of $3.48 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 52.2 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Baidu
Baidu Leads $60 Million Investment to Establish Brazil-Based Investment Fund ‘Easterly Ventures'
Wed, 28 Sep 2016 05:00:00 GMT
Marketwired – Baidu, Inc. , the leading Chinese language Internet search provider, today announced that it is the lead investor in a new USD $60 million Brazil-based investment fund named “Easterly Ventures”. …
Baidu Bets It’s Got the Upper Hand in Chinese Self-Driving Race
Wed, 28 Sep 2016 04:03:40 GMT
Bloomberg – Baidu Inc. expects to have the edge in autonomous driving after years of running China’s largest search engine armed it with expertise in machine learning and mapping.
America, Big China Isn't Interested
Wed, 28 Sep 2016 03:05:02 GMT
Baidu's Li: Automobiles Are Next Computing Platform
Wed, 28 Sep 2016 02:23:46 GMT
Baidu's Li: Automobiles Are Next Computing Platform
Wed, 28 Sep 2016 02:22:12 GMT
Bloomberg – Jennifer Li, chief financial officer at Baidu, discusses China's role in the age of Artificial Intelligence, autonomous vehicles and the outlook for the technology. She speaks to Bloomberg's Haslinda Amin …
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