BAKER HUGHES A GE CO (BHGE) Technical Analysis
NYSE:BHGE
Current stock price
22.08
+0.09 (+0.41%)
At close:
22.21
+0.13 (+0.59%)
After Hours:
BHGE Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to BHGE. BHGE'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.
- When comparing the yearly performance of all stocks, BHGE is a bad performer in the overall market: 84% of all stocks are doing better.
- BHGE 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 BHGE is lagging the market.
- BHGE has an average volume of 7685190 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month BHGE has a been trading in the 21.27 - 24.39 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.
BHGE Weekly and Daily overview Charts
BHGE Setup Rating and Analysis
Although the technical rating is bad, BHGE does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
BHGE Support and Resistance Analysis
20.28
25.64
4 important support areas can be observed.
- A support zone ranging from 21.87 to 22.01. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 21.49 to 21.51. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 20.88 to 20.88. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @20.48 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 22.56 to 22.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 23.48 to 24.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @25.39 from a horizontal line in the daily time frame.
BHGE 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for BHGE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BHGE is down. |
| ChartMill Relative Strength | 16.83 | NEGATIVE | BHGE has a low relative strength, it was outperformed by 83.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BHGE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BHGE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of BHGE is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.85 | NEUTRAL | The RSI value for BHGE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests BHGE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 28.61 | NEUTRAL | The Stochastics value for BHGE is a neutral value. |
| Average True Range in percent/ATR (20) | 3.06 | MEDIUM VOLATILITY | The ATR as a percentage value for BHGE suggests some volalility. |
BHGE 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)
BHGE Technicals: Chart, Performance Metrics, Trend & Indicators
22.08
+0.09 (+0.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.41%
1 Week1.28%
2 Weeks-2.69%
1 Month-4.87%
3 Month-6.28%
6 Month-13.75%
12 Month-26.25%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.61
ATR(20)%3.06%
ATR Inc-20.36%
Range Today0.52
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.83
3 months CRSN/A
6 months CRSN/A
Mansfield-1.33
10 Day High22.8
10 Day Low21.27
20 Day High24.39
20 Day Low21.27
52 Week High30
52 Week Low20.09
CS1 End22.01
CR1 Start22.56
Volume & EV
DER(3)-1.15%
DER(5)-1.46%
Volume4.26M
Volume Incr-52.3%
Vol(5)4.31M
Vol(50)7.69M
BAKER HUGHES A GE CO / BHGE TA FAQ
What is the ChartMill technical rating of BAKER HUGHES A GE CO (BHGE) stock?
ChartMill assigns a technical rating of 0 / 10 to BHGE.
What is the current trend direction of BAKER HUGHES A GE CO (BHGE) stock?
The current trend direction for BAKER HUGHES A GE CO (BHGE) is Bearish.
What is the RSI signal for BHGE stock?
BAKER HUGHES A GE CO (BHGE) has an RSI value of 44.8481. This indicates that the stock is currently neutral.
What is the MACD signal for BHGE stock?
The MACD indicator for BAKER HUGHES A GE CO (BHGE) has a value of -0.0515455, indicating a bearish trend.
Can you provide the support and resistance levels for BAKER HUGHES A GE CO?
BAKER HUGHES A GE CO (BHGE) has a support level at 22.01 and a resistance level at 22.56. Check the full technical report for our detailed analysis of BHGE support and resistance levels.