BAKER HUGHES CO (BKR)

US05722G1004 - Common Stock

40.32  +0.52 (+1.31%)

After market: 43.93 +3.61 (+8.95%)

Technical Rating and Analysis

7

Overall BKR gets a technical rating of 7 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

In the last month BKR has a been trading in the 39.32 - 44.92 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, BKR did better than 79% of all other stocks. On top of that, BKR also shows a nice and consistent pattern of rising prices.
BKR is part of the Energy Equipment & Services industry. There are 59 other stocks in this industry. BKR outperforms 75% of them.
BKR has an average volume of 6583220 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
BKR is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BKR is lagging the market slightly.
Weekly and Daily overview Charts
BKR Weekly chart
BKR Daily chart
Setup Rating and Analysis

3

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.

Support and Resistance Analysis

31.70

45.34

We found 5 important support areas.

  • A support zone ranging from 39.79 to 40.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @35.89 from a trend line in the weekly time frame.
  • Support @35.11 from a trend line in the daily time frame.
  • A support zone ranging from 33.43 to 34.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @32.02 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 44.26 to 44.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS79.68
Mansfield0.6
10 Day High42.81
10 Day Low39.32
20 Day High44.92
20 Day Low39.32
52 Week High45.17
52 Week Low28.32
Performance
1 Week-4.34%
2 Weeks-2.4%
1 Month-10.16%
3 Month11.88%
6 Month22.44%
12 Month18.17%
2 Year36.54%
3 Year67.58%
5 Year57.32%
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)-0.44
RSI(14)40.45
LBB39.56
UBB43.73
BKR Daily chart

BAKER HUGHES CO

NASDAQ:BKR (12/20/2024, 8:00:01 PM)

After market: 43.93 +3.61 (+8.95%)

40.32

+0.52 (+1.31%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg1.31%
1 Week-4.34%
2 Weeks-2.4%
1 Month-10.16%
3 Month11.88%
6 Month22.44%
12 Month18.17%
2 Year36.54%
3 Year67.58%
5 Year57.32%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.11
ATR(20)%2.57%
ATR Inc23.56%
Range Today1.14
ADR(20)1.03
ADR(20)%2.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.68
Mansfield0.6
10 Day High42.81
10 Day Low39.32
20 Day High44.92
20 Day Low39.32
52 Week High45.17
52 Week Low28.32
CS1 End40.31
CR1 Start44.26
Volume & EV
DER(3)-1.36%
DER(5)-1.19%
Volume17.97M
Volume Incr45.64%
Vol(5)8.49M
Vol(50)6.58M