|
|
Oil & Gas Equipment & Services Industry Stocks Technical Analysis - BKRArchive
- 7/17/2026 -
Sign In to see current Signals. |
Baker Hugh (BKR) Technical Analysis
|
 |
| Summary:
| | Weekly : | | Daily :
Move cursor over the icon to see details.
| | It was the negative week for the Baker Hugh (BKR). During the week, the BKR dropped -1.61 points, or -2.80%, and closed at 55.95 on Friday, July 17, 2026. BKR was trading at average weekly trading volume.
BKR is a member of Energy Sector. Energy is the second 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 BKR long-term trend chart]
A long-term uptrend had started on July 21, 2021 at 19.23 and reached 70.41 on April 27, 2026. BKR gained -51.18 points, or -266.15%, in 248 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (40.25) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
 Medium-term trend: [See BKR medium-term trend chart]
A medium-term downtrend had started on April 27, 2026 at 70.41 and reached 52.27 on July 2, 2026. BKR lost 18.14 points, or 25.76%, in 9 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 49.59 and resistance is at 63.44. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a medium-term trend.
 Weekly Technical Indicators: [See BKR weekly technical indicators chart]
Weekly Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Lane's Stochastic. 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 Lane's Stochastic help.
The weekly MACD line is below its signal line since May 29, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is near its high, but getting smaller. It indicates that the current medium-term downtrend is still strong, and momentum is beginning to wane. Use the following link to access a MACD help.
 Short-term trend: [See BKR short-term trend chart]
A short-term uptrend had started on July 2, 2026 at 52.27 and reached 59.13 on July 13, 2026. BKR gained -6.86 points, or -13.12%, in 11 days. The price is now at the 46.36% retracement level.
 Daily Technical Indicators: [See BKR daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is above its signal line since July 8, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term uptrend is getting stronger.
| |
|
|