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BAKER HUGHES CO (68V.DE) Stock Technical Analysis

FRA:68V - Deutsche Boerse Ag - US05722G1004 - Common Stock - Currency: EUR

38.78  -0.09 (-0.24%)

Technical Rating and Analysis

2

Taking everything into account, 68V scores 2 out of 10 in our technical rating. 68V has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.

In the last month 68V has a been trading in the 38.30 - 47.83 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Warning: 68V has an average volume of 309 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
68V is part of the Energy Equipment & Services industry. There are 35 other stocks in this industry. 68V outperforms 85% of them.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When comparing the yearly performance of all stocks, we notice that 68V is one of the better performing stocks in the market, outperforming 75% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
68V is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Weekly and Daily overview Charts
BAKER HUGHES CO / 68V Weekly stock chart
BAKER HUGHES CO / 68V Daily stock chart
Setup Rating and Analysis

1

The technical rating of 68V is bad and it also does not present a 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.

Support and Resistance Analysis

29.26

43.83

We found 4 important support areas.

  • A support zone ranging from 38.63 to 38.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @34.10 from a trend line in the daily time frame.
  • Support @33.43 from a trend line in the weekly time frame.
  • A support zone ranging from 29.56 to 29.92. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 42.73 to 43.40. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.57
Mansfield0.6
10 Day High45.67
10 Day Low38.3
20 Day High47.83
20 Day Low38.3
52 Week High47.83
52 Week Low26.22
Performance
1 Week-8.77%
2 Weeks-13.36%
1 Month-16.54%
3 Month-3.65%
6 Month19.95%
12 Month22.49%
2 Year46.51%
3 Year16.39%
5 Year73.16%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.74
RSI(14)32.78
LBB38.14
UBB46.88
BAKER HUGHES CO / 68V Daily stock chart

BAKER HUGHES CO

FRA:68V (3/7/2025, 7:00:00 PM)

38.78

-0.09 (-0.24%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-0.24%
1 Week-8.77%
2 Weeks-13.36%
1 Month-16.54%
3 Month-3.65%
6 Month19.95%
12 Month22.49%
2 Year46.51%
3 Year16.39%
5 Year73.16%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.1
ATR(20)%2.99%
ATR Inc-45.08%
Range Today0.76
ADR(20)0.6
ADR(20)%1.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.57
Mansfield0.6
10 Day High45.67
10 Day Low38.3
20 Day High47.83
20 Day Low38.3
52 Week High47.83
52 Week Low26.22
CS1 End38.77
CR1 Start42.73
Volume & EV
DER(3)0%
DER(5)0%
Volume55
Volume Incr169.17%
Vol(5)724.2
Vol(50)309.64