49.97 USD
-0.23 (-0.46%)
50.0014 USD
+0.03 (+0.06%)
Taking everything into account, BKR scores 6 out of 10 in our technical rating. BKR has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
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 - 50.72 range, which is quite wide. It is currently trading near the high of this range.
BKR has an average volume of 7086120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, BKR outperforms 69% of them, which is more or less in line with the market.
BKR is an average performer in the Energy Equipment & Services industry, it outperforms 49% of 62 stocks in the same industry.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
BKR has an average technical rating and the quality of the presented setup is also not ideal 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
3 important support areas can be observed.
- A support zone ranging from 46.68 to 47.80. 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.
When analyzing the resistance we notice one important 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 | 69.14 | 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) | 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) | 63.52 | NEUTRAL | The RSI value for BKR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.59 | POSITIVE | The MACD value suggests BKR has a positive trend. |
| Stochastics (14,3) | 87.81 | 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) | 26.7 | 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)
49.97
-0.23 (-0.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-0.46%
1 Week6%
2 Weeks10.31%
1 Month4.02%
3 Month10.95%
6 Month22.78%
12 Month15.51%
2 Year75.33%
3 Year57.44%
5 Year148.73%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.16
ATR(20)%2.39%
ATR Inc18.94%
Range Today1.08
ADR(20)1.1
ADR(20)%2.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.14
3 months CRS78.86
6 months CRS83.17
Mansfield0.26
10 Day High50.72
10 Day Low44.97
20 Day High50.72
20 Day Low44.26
52 Week High51.12
52 Week Low33.6
CS1 End47.8
CR1 Start50.52
Volume & EV
DER(3)2.99%
DER(5)1.23%
Volume5.73M
Volume Incr14.96%
Vol(5)8.32M
Vol(50)7.09M
BAKER HUGHES CO / BKR FAQ
What is the ChartMill technical rating of BAKER HUGHES CO (BKR) stock?
ChartMill assigns a technical rating of 6 / 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 63.5163. 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 0.585988, indicating a bearish trend.