Baidu's most recent trend suggests a bearish bias. One trading opportunity on Baidu is a Bear Call Spread using a strike $240.00 short call and a strike $245.00 long call offers a potential 42.86% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $240.00 by expiration. The full premium credit of $1.50 would be kept by the premium seller. The risk of $3.50 would be incurred if the stock rose above the $245.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Baidu is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Baidu is bearish.
The RSI indicator is at 66.62 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Baidu
Four China-Based Internet Stocks Near Buy Points
Thu, 06 Nov 2014 23:41:00 GMT
Investor's Business Daily – Many leading stocks continue to break out and lend support to the market's confirmed uptrend. Others continue to build bases and wait their turn. About 20% of the IBD 50 list are non-U.S. stocks below …
Spending Binge Bites Alibaba Profit
Thu, 06 Nov 2014 00:54:00 GMT
Forbes – Bottom line: Shares of Alibaba could be due for a pull-back as investors become aware of its aggressive spending and shrinking profits, which could benefit the more conservative Tencent and Baidu. Everyone is buzzing about the maiden earnings report from newly listed e-commerce giant Alibaba, which shows strong revenue growth and […]
Autohome Hurt By Higher Expenses, Share Offering
Wed, 05 Nov 2014 23:20:00 GMT
Cramer: Election bullish; What to buy
Wed, 05 Nov 2014 23:00:00 GMT
Autohome To Offer New Shares, Stock Tumbles
Wed, 05 Nov 2014 18:26:00 GMT
Investor's Business Daily – Autohome (ATHM), China's No. 1 online car sales site, saw its stock sink Wednesday after the company reported much higher operating expenses in Q3 and announced that it would offer new shares. The Beijing-based …
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