Baidu's most recent trend suggests a bullish bias. One trading opportunity on Baidu is a Bull Put Spread using a strike $242.50 short put and a strike $237.50 long put offers a potential 37.74% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $242.50 by expiration. The full premium credit of $1.37 would be kept by the premium seller. The risk of $3.63 would be incurred if the stock dropped below the $237.50 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 66.58 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Baidu
Nvidia partners with Uber, Volkswagen and Baidu on driverless cars
Mon, 08 Jan 2018 07:58:21 +0000
Uber will use Nvidia's graphics chips for the artificial intelligence computing system in its fleet of self-driving cars and trucks.
Nvidia partners with Uber, Volkswagen in self-driving technology
Mon, 08 Jan 2018 06:20:20 +0000
Nvidia Corp will partner with Uber Technologies Inc and Volkswagen AG as the graphics chipmaker's artificial intelligence platforms make further gains in the autonomous vehicle industry. The company, which already has partnerships in the industry with companies such as carmaker Tesla and China's Baidu , makes computer graphics chips and has been expanding into technology for self-driving cars.
Why BlackBerry's Autonomous Driving Deal With Baidu Is Significant
Fri, 05 Jan 2018 18:55:00 +0000
BlackBerry signed a deal with Chinese internet giant Baidu to jointly develop self-driving vehicle technology, in what is seen as a shot in the arm for BlackBerry’s automotive ambitions. BlackBerry’s stock rose by about 13% in Wednesday’s trading following the announcement.
The Great Firewall of China: Keeping Baidu Safe and Leaving Google Out
Fri, 05 Jan 2018 17:03:00 +0000
Banned from China, learn how Google is trying to make the most of the Chinese market.
All I Want for New Year Is Blackberry; Yes, Blackberry
Fri, 05 Jan 2018 17:00:00 +0000
The company has clinched some partnerships, most notably with Baidu and Ford.
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