Question 1

What implications does the 10-day RSI indicator have for BIDU?

Accepted Answer

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where BIDU's RSI Indicator exited the oversold zone, 22 of 30 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 73%.

Question 2

What does the Stochastic Oscillator suggest about BIDU's trend?

Accepted Answer

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 43 of 57 cases where BIDU's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 75%.

Question 3

How did BIDU's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved below the 0 level on September 13, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on BIDU as a result. In 61 of 91 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 67%.

Question 4

What does MACD indicator imply for BIDU?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for BIDU just turned positive on September 12, 2024. Looking at past instances where BIDU's MACD turned positive, the stock continued to rise in 36 of 48 cases over the following month. The odds of a continued upward trend are 75%.

Question 5

What is the significance of the 50-day moving average indicator for BIDU?

Accepted Answer

BIDU moved below its 50-day moving average on August 22, 2024 date and that indicates a change from an upward trend to a downward trend. In 33 of 42 similar past instances, the stock price decreased further within the following month. The odds of a continued downward trend are 79%.

Question 6

What does a 3-day price advance indicate for BIDU?

Accepted Answer

Following a +2.44% 3-day Advance, the price is estimated to grow further. Considering data from situations where BIDU advanced for three days, in 199 of 269 cases, the price rose further within the following month. The odds of a continued upward trend are 74%.

Question 7

What does a 3-day decline signify for BIDU's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where BIDU declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 76%.

Question 8

How does the Aroon Indicator reflect on BIDU's trend?

Accepted Answer

The Aroon Indicator for BIDU entered a downward trend on August 14, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

BIDU Stock Baidu (BIDU, $82.38) entered a bearish trend. Expect a Downtrend continuation

BIDU in downward trend: price dove below 50-day moving average on August 22, 2024

General Information