Baidu Jumps 3.92% On Bullish Technicals As Volume Confirms Uptrend

Baidu (BIDU) closed at $111.82 on September 11, 2025, gaining 3.92% on the session. This advance occurred above its 50-day moving average and followed a volume spike in the prior session, signaling renewed bullish momentum after testing intermediate-term support levels.
Candlestick Theory
Recent candlestick patterns show constructive action. The September 8th session formed a bullish engulfing pattern on high volume ($150.9M), closing near session highs after testing $107.65. This established immediate support near $107.50–$108. Resistance is now evident around the September 11th high of $112.78, with major psychological resistance at $115. The current uptrend remains intact above the August low of $86.32.
Moving Average Theory
The 50-day MA (~$95) crossed above the 200-day MA (~$90) in late August, confirming a long-term bullish structure. Price is currently trading above all key moving averages (50/100/200-day), with the 50-day acting as dynamic support. The ascending 100-day MA ($93) reinforces intermediate support. This alignment suggests a sustained uptrend, though the gap between price and the 200-day MA indicates potential for short-term consolidation.
MACD & KDJ Indicators
MACD shows a bullish crossover emerging on the daily chart, with the histogram turning positive for the first time since early September. KDJ lines (%K at 78, %D at 72) are approaching overbought territory but haven’t yet crossed downward. This momentum alignment suggests upside continuation, though divergence exists: KDJ’s near-overbought reading warrants caution compared to MACD’s early-cycle bullish signal. Both oscillators agree on near-term strength.
Bollinger Bands
Bollinger Bands expanded sharply during the September 8th 6.56% rally, signaling volatility breakout. Price is now trading near the upper band ($112), which may act as resistance. Band width remains elevated versus August levels, supporting continued directional momentum. A sustained break above the upper band would signal strong bullish conviction, though mean reversion toward the 20-day SMA ($104) remains possible if volume subsides.
Volume-Price Relationship
Volume confirms key price moves: The September 8th breakout was validated by 138% above-average volume (13.86M shares). Subsequent consolidation occurred on diminishing volume, while yesterday’s 3.92% advance saw volume expand to 8.21M shares. This volume profile supports trend sustainability. Notable accumulation occurred near the $90–$95 zone in August, establishing a high-volume support region.
Relative Strength Index (RSI)
The 14-day RSI (62) is neutral, having rebounded from a mid-August oversold reading (28). While not yet overbought (>70), its trajectory aligns with the price uptrend. The weekly RSI (58) shows room for further upside before overbought concerns emerge. Current levels don’t indicate exhaustion, though traders should monitor for bearish divergence if new highs occur with flat or declining RSI.
Fibonacci Retracement
Using the June 2025 low ($81.90) and September 2025 high ($112.78), key Fibonacci levels show confluence with recent price action. The 38.2% retracement ($98.70) supported the August pullback, while the 23.6% level ($104.40) aligned with September’s consolidation floor. The 61.8% extension ($118.40) now serves as the next major resistance target, overlapping with the psychological $120 level.
Confluence & Divergence Observations
Confluence is evident at $104–$107, where the 23.6% Fibonacci level, 100-day MA, and recent swing lows converge to form robust support. Bullish alignment exists between MACD crossover, volume confirmation, and moving average structure. The primary divergence is KDJ’s near-overbought stance versus RSI’s neutral reading, suggesting potential for consolidation despite upward momentum. Overall, the weight of evidence favors continuation of the uptrend, with pullbacks to $107–$110 offering probable buying opportunities.