Braskem SA (BAK) 15 +0.05 (+0.33%)
15 +0.05 (+0.33%)
US1055321053 - ADR
Technical Rating
We assign a technical rating of 0 out of 10 to BAK. BAK's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
74% of all other stocks performed better in the past year than BAK.
BAK is one of the lesser performing stocks in the Chemicals industry. 77% of 123 stocks in the same industry do better.
BAK is currently trading near the lower end of its 52 week range, which is not a good sign. But, the S&P500 Index is also trading in the lower part of its yearly range, so BAK is not an exception.
In the last month BAK has a been trading in the 14.03 - 19.64 range, which is quite wide. It is currently trading near the lows of this range.
Statistics
Support/Resistance Analysis
14.33
19.60
We found 1 important support area.
- Support @14.47 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 16.76 to 16.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 18.73 to 18.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @19.41 from a horizontal line in the daily time frame.
Setup Analysis
Setup Rating
BAK has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
Braskem SA15
NYSE:BAK (6/28/2022, 1:34:42 PM)+0.05 (+0.33%)
| GICS Sector | Materials | ||
| GICS Industry | Chemicals | ||
| Today | 0.33% | 1 Week | 2.33% |
| 2 Weeks | -15.15% | 1 Month | -16.76% |
| 3 Month | -20.77% | 6 Month | -29.11% |
| ATR(14) | 0.66 | ATR(20)% | 4.32% |
| ATR Inc | -2.88% | Range Today | 0.51 |
| ST Trend | LT Trend | ||
| SMA(5) | SMA(10) | ||
| SMA(20) | SMA(50) | ||
| SMA(100) | SMA(200) |
| CRS | 26.24 | Mansfield | -1.41 |
| 10 Day High | 17.18 | 10 Day Low | 14.03 |
| 20 Day High | 19.64 | 20 Day Low | 14.03 |
| 52 Week High | 26.93 | 52 Week Low | 14.03 |
| CS1 End | 14.47 | CR1 Start | 14.96 |
| DER(3) | 3.2% | DER(5) | 2.86% |
| Volume | 117.56K | Volume Incr | 3.87% |
| Vol(5) | 223.30K | Vol(50) | 254.62K |
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