Baidu, Inc.
Long

Baidu Inc. (BIDU) 1W

269
Technical Analysis 1W

A breakout from the "falling wedge" could signal potential upside.

Key levels:
-Support: 94.26 | 77.24
-Resistance: 107.61 | 116.99 | 156.75

Fundamental Analysis

-AI Leadership: Baidu continues expanding in AI, cloud computing, and autonomous driving.
-Financials: Solid revenue growth but faces regulatory risks in China.
-Competition: Strong rivalry with Alibaba and Tencent in AI and cloud services.
-Risks: U.S.-China tensions and economic slowdown may impact performance.

A breakout above $116.99 could confirm further upside.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.