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BAKER HUGHES CO (68V.DE) Stock Technical Analysis

FRA:68V - Deutsche Boerse Ag - US05722G1004 - Common Stock - Currency: EUR

32.625  +0.23 (+0.71%)

Technical Rating and Analysis

0

Overall 68V gets a technical rating of 0 out of 10. 68V scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, 68V is a bad performer in the overall market: 71% of all stocks are doing better.
68V is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so 68V is lagging the market.
Warning: 68V has an average volume of 379 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
68V is part of the Energy Equipment & Services industry. There are 35 other stocks in this industry, 68V did better than 50% of them.
In the last month 68V has a been trading in the 30.71 - 34.59 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
BAKER HUGHES CO / 68V Weekly stock chart
BAKER HUGHES CO / 68V Daily stock chart
Setup Rating and Analysis

6

Although the technical rating is bad, 68V does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.

Support and Resistance Analysis

30.62

34.95

We found 2 important support areas.

  • A support zone ranging from 32.55 to 32.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 30.93 to 31.86. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 34.23 to 34.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for 68V.DE is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for 68V.DE is down.
ChartMill Relative Strength29.15NEGATIVE68V.DE has a low relative strength, it was outperformed by 70.85% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNMIXEDThe current price of 68V.DE is above a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of 68V.DE is below a declining SMA(50).
Simple Moving Average/SMA (200)UPMIXEDThe current price of 68V.DE is below the rising SMA(200).
Relative Strength Index/RSI (14)42.19NEUTRALThe RSI value for 68V.DE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.23POSITIVEThe MACD value suggests 68V.DE has a positive trend.
Stochastics (14,3)22.04NEUTRALThe Stochastics value for 68V.DE is a neutral value.
Average True Range in percent/ATR (20)2.53MEDIUM VOLATILITYThe ATR as a percentage value for 68V.DE suggests some volalility.
Average Directional Index/ADX (14)22.15NEUTRALThe ADX value for 68V.DE suggests a possible start of a new trend.
Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
BAKER HUGHES CO / 68V Daily stock chart

BAKER HUGHES CO

FRA:68V (6/2/2025, 7:00:00 PM)

32.625

+0.23 (+0.71%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg0.71%
1 Week0.06%
2 Weeks-0.03%
1 Month-1.49%
3 Month-15.87%
6 Month-18.94%
12 Month10.18%
2 Year15.28%
3 Year14.78%
5 Year117.56%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.72
ATR(20)%2.53%
ATR Inc-48.25%
Range Today0.05
ADR(20)0.59
ADR(20)%1.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.15
Mansfield-1.23
10 Day High34.59
10 Day Low32
20 Day High34.59
20 Day Low30.72
52 Week High47.83
52 Week Low28.9
CS1 End32.56
CR1 Start34.23
Volume & EV
DER(3)0%
DER(5)0%
Volume100
Volume Incr-68.04%
Vol(5)134.6
Vol(50)379.54