NASDAQ:BKR • US05722G1004
Overall BKR gets a technical rating of 8 out of 10. In the last year, BKR was one of the better performers, but we do observe some doubts in the very recent evolution.
Although BKR has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
40.05
When analyzing the support we can see 4 important areas.
When analyzing the resistance we notice 2 important 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 | DOWN | NEGATIVE | The short term trend for BKR is down. |
| ChartMill Relative Strength | 85.3 | POSITIVE | BKR has a high relative strength, it outperformed 85.3% off all stocks 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) | UP | MIXED | The current price of BKR is below the rising 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) | 34.79 | NEUTRAL | The RSI value for BKR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.11 | NEGATIVE | The MACD value suggests BKR has a negative trend. |
| Stochastics (14,3) | 8.23 | OVERSOLD | The low Stochastics value suggests BKR may be oversold. |
| Average True Range in percent/ATR (20) | 3.26 | MEDIUM VOLATILITY | The ATR as a percentage value for BKR suggests some volalility. |
| Average Directional Index/ADX (14) | 29.22 | POSITIVE | The high ADX value value for BKR suggests a strong trend. |
55.9
-3.07 (-5.21%)
ChartMill assigns a technical rating of 8 / 10 to BKR.
The current trend direction for BAKER HUGHES CO (BKR) is Bullish.
BAKER HUGHES CO (BKR) has an RSI value of 34.7895. This indicates that the stock is currently neutral.
The MACD indicator for BAKER HUGHES CO (BKR) has a value of -1.11128, indicating a bearish trend.
The buy/sell signal for BAKER HUGHES CO (BKR) is hold as the short term and long term trends are mixed.