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Takip Edin: @UscMarketsBIDU Stock Forecast & Baidu Chart Analysis
This article provides a detailed analysis of BIDU-Baidu stock including a forecast for BIDU shares. It features Baidu, Inc. technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.
BIDU Historical Data Review
BIDU Current Price Performance Analysis
The Baidu - BIDU stock traded on the American stock market, on 06-05-2024, closed at 97.4$ with a %2.69 increased compared to the previous day.
In the last month, the price of BIDU changed by %-14.06 decreased in value, from 113.33 dollars on 05-06-2024 to 97.4 dollars, decreased.
Last year, the price of BIDU was 137.45 dollars on 06-06-2023, and changed by %-29.14 decreased in value, to 97.4 dollars decreased within a year.
The price of Baidu stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.
BIDU with AI Stock Forecast & Price Target
On the BIDU chart Baidu price was recorded as 97.4 Dollars on 06/05/2024.
The artificial intelligence's forecast on BIDU stock is as follows.
The artificial intelligence's prediction error margin for BIDU stock is very high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for Baidu stock over the next 4 months is: 71.5 Dollars.
The commentary on BIDU stock Target Price: Highest: 91.414 Dollars is predicted.
The commentary on BIDU stock Target Price: Lowest: 50.294 Dollars is predicted.
Resistance Price where Baidu stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 08-29-2024 | 79.871 |
| 12-27-2024 | 73.790 |
Support Price where Baidu stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 08-14-2024 | 79.432 |
| 10-23-2024 | 71.634 |
| 03-27-2025 | 50.294 |
The commentary on BIDU stock: The target price can generally be said to be on the decline.
The commentary on BIDU stock: Fluctuations in the target price can be expected in the coming days.
The target price for Baidu stock by the end of 2024 is predicted to be 73.79 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on BIDU stock, and the 2024 target price predictions for Baidu are detailed above.
The technical analysis and charts for the commentary on BIDU stock are below.
BIDU Support & Resistance and Trend Analysis
BIDU stock you have reviewed the technical analysis support resistance charts regarding.
BIDU : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the BIDU review, the Baidu support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
Baidu Support and Resistance Prices:
| BIDU Support Level Price | BIDU Resistance Level Price |
|---|---|
| 94.25 | 109.91 |
| 96.58 | 111.02 |
| 97.51 | 111.39 |
| 98.98 | 112.79 |
| 100.05 | 113.08 |
| 101.33 | 114.11 |
| 102.05 | 115.39 |
| 103.46 | 117.67 |
| 109.53 | 119.75 |
| 120.25 | |
| 121.18 | |
| 126.23 |
BIDU Technical Analysis: SMA, RSI, MACD
Upon reviewing the BIDU chart, buy and sell signals have been generated in the Baidu technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for BIDU stock are as follows:- BIDU technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for Baidu gave a 'Buy' signal when the RSI was at 27.913, with the current RSI value at 20.991.
- The technical analysis for Baidu indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for Baidu stock: Click here to read more predictions on Electronic Arts stock.
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