Baidu's 15-min chart shows Bollinger Bands narrowing, KDJ death cross.

Baidu's 15-minute chart exhibits a narrowing Bollinger Bands pattern, coupled with a KDJ Death Cross event that occurred on September 18, 2025 at 14:45. This indicates a decline in the magnitude of stock price fluctuations, accompanied by a shift in momentum towards the downside, which may lead to further decreases in stock price.

Baidu's stock price experienced a significant uptick on Wednesday, September 18, 2025, closing at $131.89, a 6% increase from the previous day. The surge was driven by several key developments, including a substantial order from China Mobile for AI server products and a positive upgrade from a leading research firm.

The order from China Mobile, which is valued at HKD 100 billion, is a significant milestone for Baidu's subsidiary, Kunlun Core. This project, which involves the deployment of AI server products based on Kunlun chips, is expected to bring substantial revenue growth to Kunlun. Analysts at China International Capital Corporation (CICC) predict that this project alone could bring hundreds of millions of dollars in revenue to Kunlun U.S. Stock Movement | Baidu rises over 6% as institutions estimate Kunlun Chip's valuation could reach HKD 100 billion^[1].

Baidu's second-quarter results, released in late August, also contributed to the stock's upward movement. The company's non-online marketing revenue climbed 34% year-over-year to 10 billion yuan ($1.40 billion), largely due to its AI initiatives. This growth helped offset a 15% decline in online search revenue, which accounts for 80% of Baidu's total revenue. The remaining 20% comes from the iQIYI online video platform Baidu Stock Rises To 2-Year High In Hong Kong As Investors Bet On AI Prowess — Retail Mood Flips To ‘Bullish’^[2].

In addition to these developments, Baidu's U.S.-listed American Depository Receipts (ADRs) have seen a notable increase of over 46% this year. The company's stock has been buoyed by a positive upgrade from research firm Arete Research, which cited strong fundamentals and growth prospects in cloud computing and AI. The upgrade, from 'Sell' to 'Buy', has likely contributed to the positive sentiment towards Baidu's stock Baidu Stock Rises To 2-Year High In Hong Kong As Investors Bet On AI Prowess — Retail Mood Flips To ‘Bullish’^[2].

However, despite the recent positive developments, the technical indicators for Baidu's stock suggest a potential slowdown in momentum. A narrowing Bollinger Bands pattern, coupled with a KDJ Death Cross event on September 18, 2025, at 14:45, indicates a decline in the magnitude of stock price fluctuations and a shift in momentum towards the downside. This could potentially lead to further decreases in stock price in the near future .