BRASKEM SA-CLASS A- ADR (BAK) Stock Technical Analysis
NYSE:BAK - New York Stock Exchange, Inc. - US1055321053 - ADR - Currency: USD
Taking everything into account, BAK scores 0 out of 10 in our technical rating. BAK 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.
95% of all other stocks performed better in the past year than BAK.
BAK is part of the Chemicals industry. There are 85 other stocks in this industry, of which 82% are performing better than BAK.
BAK is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month BAK has a been trading in the 2.96 - 3.80 range, which is quite wide. It is currently trading near the lows of this range.
BAK has an average volume of 1057610 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of BAK is bad and it also does not present a 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
3.00
4.17
When analyzing the support we notice one important area.
- A support zone ranging from 3.03 to 3.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 3.29 to 3.31. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 3.38 to 3.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 3.48 to 3.52. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @4.13 from a horizontal line in the daily time frame.
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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for BAK is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BAK is down. |
| ChartMill Relative Strength | 5.54 | NEGATIVE | BAK has a low relative strength, it was outperformed by 94.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BAK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BAK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BAK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.08 | NEUTRAL | The RSI value for BAK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests BAK has a negative trend. |
| Stochastics (14,3) | 24.8 | NEUTRAL | The Stochastics value for BAK is a neutral value. |
| Average True Range in percent/ATR (20) | 4.63 | MEDIUM VOLATILITY | The ATR as a percentage value for BAK suggests some volalility. |
| Average Directional Index/ADX (14) | 17.67 | NEGATIVE | The low ADX value for BAK suggests a weak or negative trend. |
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)
NYSE:BAK (8/5/2025, 12:55:01 PM)
3.0951
+0.04 (+1.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg1.15%
1 Week-6.71%
2 Weeks0%
1 Month-9.73%
3 Month-15.47%
6 Month-31.24%
12 Month-50.96%
2 Year-65.38%
3 Year-74.11%
5 Year-60.62%
10 Year-63.13%
15 Year-78.53%
Volatility
ATR(14)0.13
ATR(20)%4.63%
ATR Inc3.06%
Range Today0.09
ADR(20)0.12
ADR(20)%4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.54
Mansfield-3.82
10 Day High3.33
10 Day Low3.03
20 Day High3.8
20 Day Low2.96
52 Week High7.71
52 Week Low2.85
CS1 EndN/A
CR1 Start3.06
Volume & EV
DER(3)2.48%
DER(5)4.1%
Volume211.69K
Volume Incr-36.67%
Vol(5)721.40K
Vol(50)1.06M