BAKER HUGHES INC (BHI)

US0572241075

57.68  0 (0%)

Technical Rating and Analysis

5

Taking everything into account, BHI scores 5 out of 10 in our technical rating. Although BHI is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Looking at the yearly performance, BHI did better than 75% of all other stocks. We also observe that the gains produced by BHI over the past year are nicely spread over this period.
In the last month BHI has a been trading in the 53.21 - 57.73 range, which is quite wide. It is currently trading near the high of this range.
BHI has an average volume of 3085360 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
BHI 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 BHI is lagging the market slightly.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
BHI Weekly chart
BHI Daily chart
Setup Rating and Analysis

3

BHI 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.

Support and Resistance Analysis

45.98

62.07

4 important support areas can be observed.

  • A support zone ranging from 56.74 to 57.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 53.36 to 55.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @51.59 from a trend line in the weekly time frame.
  • Support @46.44 from a trend line in the weekly time frame.

We can see 3 important resistance areas.

  • Resistance @57.69 from a horizontal line in the daily time frame.
  • Resistance @59.57 from a trend line in the daily time frame.
  • A resistance zone ranging from 61.29 to 61.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.29
Mansfield-0.49
10 Day High57.73
10 Day Low53.21
20 Day High57.73
20 Day Low53.21
52 Week High68.59
52 Week Low43.09
Performance
1 Week8.08%
2 Weeks3.98%
1 Month3.74%
3 Month-5.87%
6 Month-9.82%
12 Month32.02%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)0.36
RSI(14)60.81
LBB52.11
UBB58.31
BHI Daily chart

BAKER HUGHES INC

NYSE:BHI (7/3/2017, 11:57:55 PM)

57.68

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week8.08%
2 Weeks3.98%
1 Month3.74%
3 Month-5.87%
6 Month-9.82%
12 Month32.02%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.37
ATR(20)%2.42%
ATR Inc
Range Today3.16
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 High57.73
10 Day Low53.21
20 Day High57.73
20 Day Low53.21
52 Week High68.59
52 Week Low43.09
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume4.12M
Volume Incr12.2%
Vol(5)3.73M
Vol(50)3.09M