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BIDU February 2021 Options Begin Trading
Thursday, December 24, 11:59 AM ET, by Market News Video Staff

Investors in Baidu Inc (BIDU) saw new options become available today, for the February 2021 ...

Notable ETF Outflow Detected - XT, RDFN, BIDU, PANW
Wednesday, December 30, 10:47 AM ET, by Market News Video Staff

Symbols mentioned in this story: XT, RDFN, BIDU, PANW Exchange traded funds (ETFs) trade just ...

February 2021 Options Now Available For Baidu (BIDU)
Thursday, December 31, 11:14 AM ET, by Market News Video Staff

Investors in Baidu Inc (BIDU) saw new options begin trading today, for the February 2021 ...

February 26th Options Now Available For Baidu (BIDU)
Thursday, January 7, 11:33 AM ET, by Market News Video Staff

Investors in Baidu Inc (BIDU) saw new options begin trading today, for the February 26th ...

IEMG, PDD, BIDU, NTES: ETF Inflow Alert
Tuesday, January 12, 10:55 AM ET, by Market News Video Staff

Symbols mentioned in this story: IEMG, PDD, BIDU, NTES Exchange traded funds (ETFs) trade just ...

RSI Alert: Baidu (BIDU) Now Oversold

By Market News Video Staff, Tuesday, May 4, 4:59 PM ET
Play Video: Learn About The RSI


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Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30.

In trading on Tuesday, shares of Baidu Inc (NASDAQ:BIDU) entered into oversold territory, hitting an RSI reading of 29.6, after changing hands as low as $199.23 per share. By comparison, the current RSI reading of the S&P 500 ETF (SPY) is 58.1. A bullish investor could look at BIDU's 29.6 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. The chart below shows the one year performance of BIDU shares:

Baidu Inc 1 Year Performance Chart

Looking at the chart above, BIDU's low point in its 52 week range is $90.94 per share, with $354.82 as the 52 week high point — that compares with a last trade of $199.98. Find out what 9 other oversold stocks you need to know about »


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RSI Alert: Baidu (BIDU) Now Oversold | Market News Video | Copyright © 2008 - 2021, All Rights Reserved

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