BAKER HUGHES CO (BKR) Stock Technical Analysis
NASDAQ:BKR - Nasdaq - US05722G1004 - Common Stock - Currency: USD
Overall BKR gets a technical rating of 2 out of 10. BKR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, BKR is a bad performer in the overall market: 68% of all stocks are doing better.
In the last month BKR has a been trading in the 36.53 - 40.02 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
BKR has an average volume of 7704100 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.
BKR is part of the Energy Equipment & Services industry. There are 63 other stocks in this industry, BKR did better than 66% of them.
BKR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BKR is lagging the market.
BKR has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 37.51, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
34.42
40.01
When analyzing the support we can see 3 important areas.
- A support zone ranging from 37.06 to 37.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @35.98 from a horizontal line in the daily time frame.
- A support zone ranging from 34.77 to 35.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 38.54 to 39.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for BKR is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BKR is neutral. |
| ChartMill Relative Strength | 32.66 | NEUTRAL | BKR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BKR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BKR is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of BKR is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.44 | NEUTRAL | The RSI value for BKR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests BKR has a negative trend. |
| Stochastics (14,3) | 26.12 | NEUTRAL | The Stochastics value for BKR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.41 | MEDIUM VOLATILITY | The ATR as a percentage value for BKR suggests some volalility. |
| Average Directional Index/ADX (14) | 18.71 | NEGATIVE | The low ADX value for BKR 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)
NASDAQ:BKR (6/30/2025, 2:53:02 PM)
38.4
+0.34 (+0.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg0.89%
1 Week-2.41%
2 Weeks-1.48%
1 Month1.87%
3 Month-11.65%
6 Month-6.72%
12 Month8.22%
2 Year20.4%
3 Year31.83%
5 Year147.3%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.93
ATR(20)%2.41%
ATR Inc6.73%
Range Today1.11
ADR(20)0.88
ADR(20)%2.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.66
Mansfield-0.97
10 Day High40.02
10 Day Low37.38
20 Day High40.02
20 Day Low36.53
52 Week High49.4
52 Week Low32.25
CS1 End37.51
CR1 Start38.23
Volume & EV
DER(3)2.7%
DER(5)2.36%
Volume3.35M
Volume Incr15.55%
Vol(5)8.35M
Vol(50)7.70M