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Archive - 9/4/2026 - Sign In to see current Signals. |
Baker Hugh (BKR) Technical Analysis
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| Summary:
| | Weekly :    | | Daily :  Move cursor over the icon to see details.
| | It was a second consecutive positive week for the Baker Hugh (BKR). During the week, the BKR gained 1.09 points, or 1.75%, and closed at 63.50 on Friday, September 4, 2026. Weekly volume was -21% below average. BKR is a member of Energy Sector. Energy is the most overbought 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 (40.98) 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. Price is near the Fibonacci 61.8% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Weekly Technical Indicators: [See BKR weekly technical indicators chart] Weekly Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly 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 low and getting smaller. It indicates that the current medium-term downtrend is getting weak. 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 65.44 on August 17, 2026. BKR gained -13.17 points, or -25.20%, in 46 days. The chart has formed a Rising Channel chart pattern. The trend support level is at 62.91 and resistance is at 69.09. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern 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 20, 2026. The distance between MACD and the signal line is low and getting smaller. 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. The distance between the Bollinger Bands (6.61%) is close to one year low (6.38%). It is 54.99% lower than one year average. It indicates the period of low volatility of the stock price, and it is considered a buy signal for the option traders. 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.
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