Stock Trend Analysis Report
Prepared for you on Tuesday, October 19, 2021.
Braskem SA ADR (NYSE:BAK)
Weak Downtrend (-65) - BAK is showing signs of a strengthening downtrend. Monitor BAK as it may be building momentum to the downside.
Is it time to buy, sell, or avoid BAK?
MarketClub looks at technical strength and momentum to determine if the timing is right for BAK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BAK
The long-term trend has been UP since Dec 17th, 2020 at 9.46
The intermediate-term trend has been DOWN since Sep 20th, 2021 at 23.44
The short-term trend has been DOWN since Oct 19th, 2021 at 20.72
Smart Scan Analysis for BAK
Based on our trend formula, BAK is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||32.67||Year High Date||2018-01-22|
|Year Low||21.32||Year Low Date||2018-06-07|
|52wk High||26.93||52wk High Date||2021-09-14|
|52wk Low||7.56||52wk Low Date||2020-11-04|
|Year End Close||13.35||Average Volume||186,989|
|Shares Outstanding||481,720||Short Interest||3,341,619|
|% Institutional||4.9||Market Cap||8,072M|