[Warrant Perspective] Baidu's Technical Indicators Show Intense Oversold Conditions: How to Deploy Call and Put Warrant Strategies
On the previous day (March 2), $BIDU-SW (09888.HK)$
and $TENCENT (00700.HK)$ 、 $BABA-W (09988.HK)$ major peer internet stocks such as [specific names] plummeted across the board, with significant average declines reflecting overall pressure on the sector. Data shows that all individual stocks closed below key moving averages such as MA10, MA30, and MA60, indicating a clear weak trading range. However, at the same time, multiple technical indicators are showing divergence, bringing some variability to short-term trends.
Baidu's closing price on the 2nd was 118.5 yuan, a single-day drop of 4.20%, with a trading volume of 1.799 billion yuan, indicating moderate trading activity without abnormal surges or declines in volume. The technical indicators are broken down as follows:
1. Baidu’s stock price closed below the MA10 (129.99 yuan), MA30 (142.37 yuan), and MA60 (134.89 yuan), with moving averages showing a short-term downward trend, suggesting that short-term momentum remains weak, with multiple resistances forming above.
![On the previous day (March 2), $BIDU-SW (09888.HK)$ and $TENCENT (00700.HK)$ 、 $BABA-W (09988.HK)$ major peer internet stocks such as [specific names] plummeted across the board, with significant average declines reflecting overall pressure on the sector. Data shows that all individual stocks closed below key moving averages such as MA10, MA30, and MA60, indicating a clear weak trading range. However, at the same time, multiple technical indicators are showing divergence, bringing some variability to short-term trends. Baidu's closing price on March 2 was 118.5 yuan, down 4.20% in a single day, with a trading volume of 1.799 billion yuan, representing moderate trading activity without unusual spikes or drops in volume. A detailed breakdown of specific technical indicators follows: 1. Baidu's share price closed below MA10 (129.99 yuan), MA30 (142.37 yuan), and MA60 (134.89 yuan), with the moving averages showing a downward short-term arrangement, indicating a continued weak short-term trend and forming multiple resistances above. 2. Oscillation indicators: The RSI indicator is at 28, entering the oversold zone; the Williams %R indicator is also in an oversold state, and the CCI indicator is in the oversold zone, issuing a buy signal. The VR trading ratio indicator suggests possible bottoming. Multiple oscillation indicators combined reflect excessive pessimism in the short-term market sentiment, indicating a strong rebound potential. 3. Trend and other indicators: Trend-based indicators such as MACD and Bollinger Bands still favor selling, and the Ichimoku Cloud also shows weakness, indicating...](https://nnqimage.futunn.com/sns_client_feed/1162342/20260303/web-1772504179262-Vs4riBYdIc.png/big?area=1&is_public=true&imageMogr2/ignore-error/1/format/webp)
2. Oscillation Indicators: The RSI indicator is at 28, entering the oversold zone; the Williams %R indicator is also in an oversold state, while the CCI indicator is in the oversold range and issuing a buy signal. The VR volume ratio indicator suggests possible bottom formation. Multiple oscillation indicators combined reflect excessive pessimism in the short-term market sentiment, with a strong rebound demand.
3. Trend and Other Indicators: MACD, Bollinger Bands, and other trend-based indicators still lean towards selling, and the Ichimoku Cloud shows weakness, implying that the current oversold rebound should only be seen as short-term recovery, with no clear reversal signals for the long-term trend yet.
![On the previous day (March 2), $BIDU-SW (09888.HK)$ and $TENCENT (00700.HK)$ 、 $BABA-W (09988.HK)$ major peer internet stocks such as [specific names] plummeted across the board, with significant average declines reflecting overall pressure on the sector. Data shows that all individual stocks closed below key moving averages such as MA10, MA30, and MA60, indicating a clear weak trading range. However, at the same time, multiple technical indicators are showing divergence, bringing some variability to short-term trends. Baidu's closing price on March 2 was 118.5 yuan, down 4.20% in a single day, with a trading volume of 1.799 billion yuan, representing moderate trading activity without unusual spikes or drops in volume. A detailed breakdown of specific technical indicators follows: 1. Baidu's share price closed below MA10 (129.99 yuan), MA30 (142.37 yuan), and MA60 (134.89 yuan), with the moving averages showing a downward short-term arrangement, indicating a continued weak short-term trend and forming multiple resistances above. 2. Oscillation indicators: The RSI indicator is at 28, entering the oversold zone; the Williams %R indicator is also in an oversold state, and the CCI indicator is in the oversold zone, issuing a buy signal. The VR trading ratio indicator suggests possible bottoming. Multiple oscillation indicators combined reflect excessive pessimism in the short-term market sentiment, indicating a strong rebound potential. 3. Trend and other indicators: Trend-based indicators such as MACD and Bollinger Bands still favor selling, and the Ichimoku Cloud also shows weakness, indicating...](https://nnqimage.futunn.com/sns_client_feed/1162342/20260303/web-1772504204343-RdSGRZELdR.png/big?area=1&is_public=true&imageMogr2/ignore-error/1/format/webp)
4. Based on data,Baidu’s support levels are at 112.2 yuan and 99.7 yuan, with resistance levels at 131.5 yuan and 148 yuan. In the short term, attention should be paid to the support level around 112.2 yuan. If it holds, a rebound could target the 131.5 yuan resistance level; if it breaks down, it may further test the 99.7 yuan level.
The technical picture is currently at a 'oversold recovery' tipping point. Investors can appropriately monitor the performance of support levels but are advised against blindly following through. Waiting patiently for further confirmation of rebound signals would be more prudent.
The internet sector weakened overall on the 2nd, with individual stock technical patterns showing high similarity to Baidu, summarized briefly as follows:
Tencent (00700): Closing price at 514.00 yuan, a single-day drop of 0.77%, RSI at 27 deeply oversold, comprehensive technical signal indicates buying, strength level 9, suggesting potential for a rebound from oversold conditions.
Alibaba (09988): Closing price at 136.40 yuan, a single-day drop of 4.55%, RSI at 29 entering oversold territory, comprehensive technical signal indicates buying, strength level 10, increasing the probability of a short-term technical rebound.
$MEITUAN-W (03690.HK)$ Closing price at 77.40 yuan, down 4.62% in a single day, RSI at only 24, making it one of the most oversold stocks in the sector. The comprehensive technical signal indicates buy with strength at 11, and rebound technical conditions are accumulating.
$JD-SW (09618.HK)$ 、 $KUAISHOU-W (01024.HK)$ All show similar characteristics, with RSI entering the oversold zone and comprehensive technical signals indicating buy. The overall sector is highly concentrated in oversold conditions, which may lead to collective recovery in the short term.
Review and Selection of Warrants and Bull/Bear Contracts
(1) Warrant Review: The Baidu-related put warrants recommended on February 24, 2026 performed well, where $CTBAIDU@EP2606A.P (21132.HK)$ The increase was 19% after 2 days, $BPBAIDU@EP2607A.P (20780.HK)$ The increase was 20% after 2 days, closely matching the underlying stock's decline of 4.86%, providing investors with a suitable hedging option.
![On the previous day (March 2), $BIDU-SW (09888.HK)$ and $TENCENT (00700.HK)$ 、 $BABA-W (09988.HK)$ major peer internet stocks such as [specific names] plummeted across the board, with significant average declines reflecting overall pressure on the sector. Data shows that all individual stocks closed below key moving averages such as MA10, MA30, and MA60, indicating a clear weak trading range. However, at the same time, multiple technical indicators are showing divergence, bringing some variability to short-term trends. Baidu's closing price on March 2 was 118.5 yuan, down 4.20% in a single day, with a trading volume of 1.799 billion yuan, representing moderate trading activity without unusual spikes or drops in volume. A detailed breakdown of specific technical indicators follows: 1. Baidu's share price closed below MA10 (129.99 yuan), MA30 (142.37 yuan), and MA60 (134.89 yuan), with the moving averages showing a downward short-term arrangement, indicating a continued weak short-term trend and forming multiple resistances above. 2. Oscillation indicators: The RSI indicator is at 28, entering the oversold zone; the Williams %R indicator is also in an oversold state, and the CCI indicator is in the oversold zone, issuing a buy signal. The VR trading ratio indicator suggests possible bottoming. Multiple oscillation indicators combined reflect excessive pessimism in the short-term market sentiment, indicating a strong rebound potential. 3. Trend and other indicators: Trend-based indicators such as MACD and Bollinger Bands still favor selling, and the Ichimoku Cloud also shows weakness, indicating...](https://nnqimage.futunn.com/sns_client_feed/1162342/20260303/web-1772504342192-eOHBd0VBQ6.png/big?area=1&is_public=true&imageMogr2/ignore-error/1/format/webp)
(2) Selected Warrant Products:
1、 $GJBAIDU@EC2605A.C (20480.HK)$ Leverage of 6.4, strike price at 128.38 yuan, with relatively ideal leverage and implied volatility, suitable for investors focusing on Baidu’s short-term technical rebound.
2、 $UBBAIDU@EP2607A.P (20739.HK)$ Leverage of 3.8, strike price at 113.78 yuan, with the lowest premium and implied volatility, offering relatively controllable risk, suitable for investors concerned about short-term trends as a hedging tool.
![On the previous day (March 2), $BIDU-SW (09888.HK)$ and $TENCENT (00700.HK)$ 、 $BABA-W (09988.HK)$ major peer internet stocks such as [specific names] plummeted across the board, with significant average declines reflecting overall pressure on the sector. Data shows that all individual stocks closed below key moving averages such as MA10, MA30, and MA60, indicating a clear weak trading range. However, at the same time, multiple technical indicators are showing divergence, bringing some variability to short-term trends. Baidu's closing price on March 2 was 118.5 yuan, down 4.20% in a single day, with a trading volume of 1.799 billion yuan, representing moderate trading activity without unusual spikes or drops in volume. A detailed breakdown of specific technical indicators follows: 1. Baidu's share price closed below MA10 (129.99 yuan), MA30 (142.37 yuan), and MA60 (134.89 yuan), with the moving averages showing a downward short-term arrangement, indicating a continued weak short-term trend and forming multiple resistances above. 2. Oscillation indicators: The RSI indicator is at 28, entering the oversold zone; the Williams %R indicator is also in an oversold state, and the CCI indicator is in the oversold zone, issuing a buy signal. The VR trading ratio indicator suggests possible bottoming. Multiple oscillation indicators combined reflect excessive pessimism in the short-term market sentiment, indicating a strong rebound potential. 3. Trend and other indicators: Trend-based indicators such as MACD and Bollinger Bands still favor selling, and the Ichimoku Cloud also shows weakness, indicating...](https://nnqimage.futunn.com/sns_client_feed/1162342/20260303/web-1772504273290-rwSDdO42mG.png/big?area=1&is_public=true&imageMogr2/ignore-error/1/format/webp)
![On the previous day (March 2), $BIDU-SW (09888.HK)$ and $TENCENT (00700.HK)$ 、 $BABA-W (09988.HK)$ major peer internet stocks such as [specific names] plummeted across the board, with significant average declines reflecting overall pressure on the sector. Data shows that all individual stocks closed below key moving averages such as MA10, MA30, and MA60, indicating a clear weak trading range. However, at the same time, multiple technical indicators are showing divergence, bringing some variability to short-term trends. Baidu's closing price on March 2 was 118.5 yuan, down 4.20% in a single day, with a trading volume of 1.799 billion yuan, representing moderate trading activity without unusual spikes or drops in volume. A detailed breakdown of specific technical indicators follows: 1. Baidu's share price closed below MA10 (129.99 yuan), MA30 (142.37 yuan), and MA60 (134.89 yuan), with the moving averages showing a downward short-term arrangement, indicating a continued weak short-term trend and forming multiple resistances above. 2. Oscillation indicators: The RSI indicator is at 28, entering the oversold zone; the Williams %R indicator is also in an oversold state, and the CCI indicator is in the oversold zone, issuing a buy signal. The VR trading ratio indicator suggests possible bottoming. Multiple oscillation indicators combined reflect excessive pessimism in the short-term market sentiment, indicating a strong rebound potential. 3. Trend and other indicators: Trend-based indicators such as MACD and Bollinger Bands still favor selling, and the Ichimoku Cloud also shows weakness, indicating...](https://nnqimage.futunn.com/sns_client_feed/1162342/20260303/web-1772504273287-ul3dIagfKz.png/big?area=1&is_public=true&imageMogr2/ignore-error/1/format/webp)
Risk Warning: Warrants are derivatives, and their leveraged nature amplifies both gains and risks. Investors should choose according to their risk tolerance and proceed cautiously.
Baidu’s RSI is oversold. Would you choose to pay attention at a low point or continue to wait and see? A. Pay attention at a low point. B. Continue to wait and see.
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Reminder: This article does not constitute any investment advice.
This article is for reference only and does not constitute any investment advice. The market data, opinions, and analysis contained herein may change at any time without prior notice. We are not responsible for any loss or damage caused by reliance on the information in this article. Technical analysis only shows whether certain technical conditions are met; a comprehensive assessment of asset performance should be conducted using additional data. Decisions to trade should not be based solely on this article. Please note that past performance is not indicative of future results.
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