50.2 USD
+1.36 (+2.78%)
50.62 USD
+0.42 (+0.84%)
Overall BKR gets a technical rating of 7 out of 10. BKR has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
Looking at the yearly performance, BKR did better than 71% of all other stocks.
BKR is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month BKR has a been trading in the 44.26 - 50.38 range, which is quite wide. It is currently trading near the high of this range.
BKR has an average volume of 7155480 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
BKR is part of the Energy Equipment & Services industry. There are 62 other stocks in this industry, BKR did better than 50% of them.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although BKR has an excellent technical rating, it does not present a decent entry opportunity 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.
More info and screens
39.12
51.13
When analyzing the support we can see 3 important areas.
- A support zone ranging from 46.58 to 47.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 44.46 to 45.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @39.52 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 50.52 to 50.62. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The short term trend for BKR is up. |
| ChartMill Relative Strength | 71.22 | POSITIVE | BKR has a high relative strength, it outperformed 71.22% off all stocks 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) | UP | POSITIVE | The current price of BKR is above 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) | 65.07 | NEUTRAL | The RSI value for BKR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.57 | POSITIVE | The MACD value suggests BKR has a positive trend. |
| Stochastics (14,3) | 87.45 | OVERBOUGHT | The high Stochastics value suggests BKR may be overbought. |
| Average True Range in percent/ATR (20) | 2.39 | MEDIUM VOLATILITY | The ATR as a percentage value for BKR suggests some volalility. |
| Average Directional Index/ADX (14) | 25.9 | POSITIVE | The high ADX value value for BKR suggests a strong 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)
50.2
+1.36 (+2.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg2.78%
1 Week10.23%
2 Weeks11.09%
1 Month5.26%
3 Month11.46%
6 Month23.34%
12 Month16.04%
2 Year76.14%
3 Year58.16%
5 Year149.88%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.16
ATR(20)%2.39%
ATR Inc29.77%
Range Today1.53
ADR(20)1.11
ADR(20)%2.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.22
3 months CRS80.54
6 months CRS83.79
Mansfield0.37
10 Day High50.38
10 Day Low44.97
20 Day High50.38
20 Day Low44.26
52 Week High51.12
52 Week Low33.6
CS1 End47.76
CR1 Start50.52
Volume & EV
DER(3)1.94%
DER(5)1.03%
Volume6.64M
Volume Incr12.43%
Vol(5)8.16M
Vol(50)7.16M
BAKER HUGHES CO / BKR FAQ
What is the ChartMill technical rating of BAKER HUGHES CO (BKR) stock?
ChartMill assigns a technical rating of 7 / 10 to BKR.
What is the current trend direction of BAKER HUGHES CO (BKR) stock?
The current trend direction for BAKER HUGHES CO (BKR) is Bearish.
Can you provide the RSI signal for BAKER HUGHES CO?
BAKER HUGHES CO (BKR) has an RSI value of 65.0712. This indicates that the stock is currently neutral.
What is the MACD signal for BKR stock?
The MACD indicator for BAKER HUGHES CO (BKR) has a value of 0.574429, indicating a bearish trend.