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Oil & Gas Equipment & Services Industry Stocks Technical Analysis - BKRArchive - 11/28/2025 - 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 third consecutive positive week for the Baker Hugh (BKR). During the week, the BKR gained 1.32 points, or 2.70%, and closed at 50.20 on Friday, November 28, 2025. Weekly volume was -12% 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 50.93 on September 26, 2025. BKR gained -31.70 points, or -164.85%, in 218 weeks. The chart has formed a Rising Wedge chart pattern. The trend support level is at 36.99 and resistance is at 52.13. A Rising Wage is a triangle formation with a noticeable slant to the upside. It represents the loss of an upside momentum on each successive high and has a bearish bias. The Rising wedge usually marks a reversal in an uptrend. In a downtrend a rising wedge is considered to be a continuation pattern. Use the following link to access a Rising Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Wedge pattern in a long-term trend.
Medium-term trend: [See BKR medium-term trend chart] A medium-term uptrend had started on April 7, 2025 at 33.60 and reached 50.93 on September 26, 2025. BKR gained -17.33 points, or -51.58%, in 24 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 46.45 and resistance is at 55.56. 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 Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range. Weekly MACD has bearish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with weekly MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. 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. The weekly MACD line is above its signal line since July 11, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. 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 November 5, 2025 at 45.82 and reached 50.53 on November 28, 2025. BKR gained -4.71 points, or -10.28%, in 23 days. The chart has formed a Rising Wedge chart pattern. The trend support level is at 48.39 and resistance is at 50.50. Use the following link to access a Rising Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Wedge 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 above its signal line since November 6, 2025. 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.
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