BIDU Crosses Below Key Moving Average Level


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In trading on Monday, shares of Baidu, Inc. (Symbol: BIDU) crossed below their 200 day moving average of $154.16, changing hands as low as $151.40 per share. Baidu, Inc. shares are currently trading off about 6.8% on the day. The chart below shows the one year performance of BIDU shares, versus its 200 day moving average: Baidu, Inc. 200 Day Moving Average Chart

Looking at the chart above, BIDU's low point in its 52 week range is $83.89 per share, with $189.34 as the 52 week high point - that compares with a last trade of $152.29.

According to the ETF Finder at ETF Channel, BIDU makes up 8.50% of the Guggenheim China Technology ETF (Symbol: CQQQ) which is trading lower by about 3.9% on the day Monday.

Click here to find out which 9 other stocks recently crossed below their 200 day moving average »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing Investing Ideas
Referenced Stocks: BIDU , CQQQ

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