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Stock Trend Analysis Report

Prepared for you on Monday, April 22, 2024.

Braskem SA ADR (NYSE:BAK)

Sidelines Mode (+55) - BAK 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 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.

NYSE_BAK
Open High Low BAK Price Change
8.4300 8.7999 8.3800 8.7750 +0.1250
Entry Signal

MarketClub’s Trade Triangles for BAK

long term up The long-term trend has been UP since Mar 19th, 2024 at 9.17

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 9.21

short term up The short-term trend has been UP since Apr 22nd, 2024 at 8.75

Smart Scan Analysis for BAK

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

+55
Smart Scan Analysis for BAK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.4300 8.7999 8.3800 8.7750 +0.1250
Prev. Close Volume Bid Ask Time
8.6500 546388 2024-04-22 15:49:03
Year High32.67Year High Date2018-01-22
Year Low21.32Year Low Date2018-06-07
52wk High12.6752wk High Date2023-06-20
52wk Low6.352wk Low Date2023-11-01
Year End Close13.35Average Volume816,611
Shares Outstanding481,720Short Interest3,341,619
% Institutional4.9Market Cap8,072M
Assets920,153,330MLiabilities869,927,370M
P/E Ratio3.0659Beta1.66
Volatility39.13
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