The Greedy Trader Weekly Analysis
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- 8/22/2025 -
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Baker Hugh (BKR) Technical Analysis

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Summary:
Weekly :
Daily :Broken trend resistance lineThe price has risen above the Parabolic SARThe price moved above the moving average in the center of the Bollinger Bands
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It was a first positive week after 3 consecutive negative weeks for the Baker Hugh (BKR). During the week, the BKR gained 1.96 points, or 4.58%, and closed at 44.76 on Friday, August 22, 2025. Weekly volume was -42% below average.

Long-term trend: [See BKR long-term trend chart]
A long-term downtrend had started on February 6, 2025 at 49.40 and reached 33.60 on April 7, 2025. BKR lost 15.80 points, or 31.98%, in 8 weeks. The price is now at the 70.63% retracement level.

Medium-term trend: [See BKR medium-term trend chart]
A medium-term uptrend had started on April 7, 2025 at 33.60 and reached 46.72 on July 28, 2025. BKR gained -13.12 points, or -39.05%, in 16 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 39.30 and resistance is at 48.74. A Broadening Ascending 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 Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.

Weekly Technical Indicators: [See BKR weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is above its signal line since July 11, 2025. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.

Short-term trend: [See BKR short-term trend chart]
A short-term downtrend had started on July 28, 2025 at 46.72 and reached 41.96 on August 13, 2025. BKR lost 4.76 points, or 10.19%, in 16 days. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (42.75) is broken. A broken support is considered to be a long-term bullish signal. 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 short-term trend.

Daily Technical Indicators: [See BKR daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is below its signal line since August 4, 2025. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.

During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

During the last week, the price has moved above the moving average in the center of the Bollinger Bands. 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) 59.30
Williams' Percentage Range (W%R) 65.00
Lane's Stochastic (%D-Slow) 61.63
Greed/Fear Indicator (GFI) 51.98
Moving Average Converg./Diverg. (MACD) 0.61
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 67.88
Williams' Percentage Range (W%R) 23.60
Lane's Stochastic (%D-Slow) 73.56
Greed/Fear Indicator (GFI) 70.76
Moving Average Converg./Diverg. (MACD) 0.12
Trading Signals
Description Value Chart
Monthly Trendline Resistance 48.74
Upper Bollinger Band 45.33
Price 44.76
Daily Stochastic Crossing 44.01
Weekly Stochastic Crossing 43.89
20 Day Moving Average 43.73
Weekly Trendline Support 42.75
Weekly Trendline Resistance 42.51
Parabolic System 41.92
50 Day Moving Average 41.34
Lower Bollinger Band 40.80
Monthly Trendline Support 39.30
Sector and Industry
Description Name Rank
Sector Energy 4
Industry Oil & Gas Equipment & Services 41
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 41.96
Low Date 08/13/2025
High 44.98
High Date 08/22/2025
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Symmetric Triangle
Status Broken Resistance
Resistance 42.51
Support 42.75
High 46.72
High Date 07/28/2025
Low 41.96
Low Date 08/13/2025
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 48.74
Support 39.30
Low 33.60
Low Date 04/07/2025
High 46.72
High Date 07/28/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 49.40
High Date 02/06/2025
Low 33.60
Low Date 04/07/2025
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 19.23
Low Date 07/21/2021
High 49.40
High Date 02/06/2025
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.