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Price vs. Lower Bollinger Band:Crossover
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Bollinger Band crossover - Stock market timing signal.
The Bollinger bands indicator developed by John Bollinger in the early 1980s is one of the most popular and powerful trading tools. These bands are charted two standard deviations away from a simple moving average, and they provide a relative definition of high and low. Bollinger bands trading technique uses one band as an entry point exit of the other. The center band presents a neutral support/resistance level. As with most indicators, signals generated by bollinger band crossover should be confirmed using complimentary indicators.
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Archive
- 6/7/2019
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Baker Hughes
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Summary:
Weekly :Oversold sectorWilliams' Percentage Range is oversold
Daily :Williams' Percentage Range and Lane's Stochastic are oversoldThe price is above the upper Bollinger Band
Move cursor over the icon to see details.

During the week, the BHI has not change and closed at 0.06 on Friday, June 7, 2019. Weekly volume was -13% below average.

BHI is a member of Basic Materials Sector. Basic Materials is the most oversold sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

Long-term trend: [See BHI long-term trend chart]
A long-term downtrend had started on July 26, 2011 at 81.00 and reached 0.05 on August 3, 2018. BHI lost 80.95 points, or 99.94%, in 366 weeks. Price is near the trend low.

Medium-term trend: [See BHI medium-term trend chart]
A medium-term downtrend had started on December 12, 2016 at 68.59 and reached 0.05 on August 3, 2018. BHI lost 68.54 points, or 99.93%, in 85 weeks. Price is near the trend low.

Weekly Technical Indicators: [See BHI weekly technical indicators chart]
Weekly Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with weekly strongly oversold Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help.

Short-term trend: [See BHI short-term trend chart]
A short-term downtrend had started on March 7, 2019 at 0.08 and reached 0.06 on May 14, 2019. BHI lost 0.02 points, or 25%, in 68 days. Price is near the trend low.

Daily Technical Indicators: [See BHI daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are strongly oversold. Use the Technical Stock Screener to see the list of stocks with daily strongly oversold Williams' Percentage Range and Lane's Stochastic. Use the following link to access Lane's Stochastic help.

The price has closed on Friday above the upper Bollinger Band. It is considered a bullish signal. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 33.33
Williams' Percentage Range (W%R) 100.00
Strong Oversold
Lane's Stochastic (%D-Slow) 0.00
Strong Oversold
Greed/Fear Indicator (GFI) 11.11
Oversold
Moving Average Converg./Diverg. (MACD) -0.08
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 50.00
Williams' Percentage Range (W%R) 100.00
Strong Oversold
Lane's Stochastic (%D-Slow) 42.67
Greed/Fear Indicator (GFI) 30.89
Moving Average Converg./Diverg. (MACD) -13.18
Trading Signals
Description Value Chart
Parabolic System 0.08
Upper Bollinger Band 0.08
Weekly Stochastic Crossing 0.07
20 Day Moving Average 0.07
50 Day Moving Average 0.07
Daily Stochastic Crossing 0.06
Lower Bollinger Band 0.06
Price 0.06
Sector and Industry
Description Name Rank
Sector Basic Materials 1
Industry Oil & Gas Equipment/Svcs 15
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 0.08
High Date 03/07/2019
Low 0.06
Low Date 05/14/2019
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 0.08
High Date 03/07/2019
Low 0.06
Low Date 05/14/2019
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 0.08
High Date 03/07/2019
Low 0.06
Low Date 05/14/2019
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 68.59
High Date 12/12/2016
Low 0.05
Low Date 08/03/2018
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 81.00
High Date 07/26/2011
Low 0.05
Low Date 08/03/2018
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.

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