Stock Trend Analysis Report
Prepared for you on Tuesday, November 30, 2021.
Braskem SA ADR (NYSE:BAK)
Long-Term Downtrend (-90) - BAK is in a strong downtrend that is likely to continue. While BAK is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 DOWN since Oct 21st, 2021 at 19.785
The intermediate-term trend has been DOWN since Sep 20th, 2021 at 23.440
The short-term trend has been DOWN since Nov 30th, 2021 at 17.710
Smart Scan Analysis for BAK
Based on our trend formula, BAK is rated as a -90 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||8.28||52wk Low Date||2020-12-14|
|Year End Close||13.35||Average Volume||174,968|
|Shares Outstanding||481,720||Short Interest||3,341,619|
|% Institutional||4.9||Market Cap||8,072M|