BRASKEM SA-CLASS A- ADR (BAK)
US1055321053 - ADR
We assign a technical rating of 5 out of 10 to BAK. BAK was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
In the last month BAK has a been trading in the 8.35 - 10.98 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
BAK is one of the better performing stocks in the Chemicals industry, it outperforms 81% of 84 stocks in the same industry.
BAK has an average volume of 1042360 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
Looking at the yearly performance, BAK did better than 84% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
BAK is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BAK is lagging the market slightly.
BAK has an average technical rating and it also does not offer a high quality setup 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.
More info and screens
6.71
11.34
4 important support areas can be observed.
- A support zone ranging from 8.56 to 8.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.14 from a trend line in the daily time frame.
- Support @7.00 from a horizontal line in the weekly time frame.
- A support zone ranging from 6.78 to 6.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @10.45 from a trend line in the weekly time frame.
- Resistance @10.73 from a horizontal line in the daily time frame.
- Resistance @11.23 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.28
Mansfield-1.13
10 Day High10.5
10 Day Low8.35
20 Day High10.98
20 Day Low8.35
52 Week High12.67
52 Week Low6.3
Performance
1 Week-10.19%
2 Weeks-16.68%
1 Month-18.18%
3 Month19.67%
6 Month19.5%
12 Month17.87%
2 Year-47.19%
3 Year-55.37%
5 Year-64.68%
10 Year-51.6%
15 Year78.88%
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)
Technical Indicators
MACD(12,26,9)-0.26
RSI(14)37.16
LBB8.32
UBB10.92
BRASKEM SA-CLASS A- ADR
NYSE:BAK (4/18/2024, 7:04:00 PM)
After market: 8.64 0 (0%)8.64
+0.07 (+0.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg0.82%
1 Week-10.19%
2 Weeks-16.68%
1 Month-18.18%
3 Month19.67%
6 Month19.5%
12 Month17.87%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.32
ATR(20)%4.16%
ATR Inc
Range Today0.29
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High10.5
10 Day Low8.35
20 Day High10.98
20 Day Low8.35
52 Week High12.67
52 Week Low6.3
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.21M
Volume Incr-31.75%
Vol(5)808.52K
Vol(50)1.04M