Overall BKR gets a technical rating of 4 out of 10. BKR has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
Although the technical rating is only medium, BKR does present a nice setup opportunity. Prices have been consolidating lately.
37.53
4 important support areas can be observed.
We can see 2 important resistance areas.
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 | UP | POSITIVE | The long term trend for BKR is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BKR is neutral. |
| ChartMill Relative Strength | 69.94 | NEUTRAL | BKR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BKR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BKR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BKR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.69 | NEUTRAL | The RSI value for BKR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests BKR has a negative trend. |
| Stochastics (14,3) | 23.94 | NEUTRAL | The Stochastics value for BKR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.95 | MEDIUM VOLATILITY | The ATR as a percentage value for BKR suggests some volalility. |
| Average Directional Index/ADX (14) | 15.59 | NEGATIVE | The low ADX value for BKR suggests a weak or negative trend. |
47.69
+0.3 (+0.63%)
ChartMill assigns a technical rating of 4 / 10 to BKR.
The current trend direction for BAKER HUGHES CO (BKR) is Bullish.
BAKER HUGHES CO (BKR) has an RSI value of 44.687. This indicates that the stock is currently neutral.
BAKER HUGHES CO (BKR) has a support level at 46.13 and a resistance level at 47.83. Check the full technical report for our detailed analysis of BKR support and resistance levels.