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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Baker Hughes Company (NASDAQ:BKR)

Sidelines Mode (-55) - BKR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid BKR?

MarketClub looks at technical strength and momentum to determine if the timing is right for BKR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_BKR
Open High Low BKR Price Change
32.040 32.610 32.030 32.525 +0.625
Entry Signal

MarketClub’s Trade Triangles for BKR

long term down The long-term trend has been DOWN since Nov 16th, 2023 at 32.79

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 32.68

short term up The short-term trend has been UP since May 8th, 2024 at 32.34

Smart Scan Analysis for BKR

Based on our trend formula, BKR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for BKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
32.040 32.610 32.030 32.525 +0.625
Prev. Close Volume Bid Ask Time
31.900 814548 2024-05-09 11:27:23
52wk High37.57552wk High Date2023-09-05
52wk Low26.9652wk Low Date2023-05-31
Average Volume6,419,836Shares Outstanding1,004,998
Assets371,410,000MLiabilities217,500,000M
P/E Ratio17.8212
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