|
Uptrend Broken SupportArchive - 10/10/2025 - 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 -3.46 points, or -7.13%, and closed at 45.04 on Friday, October 10, 2025. Weekly volume was -18% 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 36.28 and resistance is at 51.67. 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 Rising Channel chart pattern. The uptrend support line (46.81) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. BKR may retest the broken support line. It is considered to be a resistance line now. 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 support in a medium-term trend.
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 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 September 26, 2025 at 50.93 and reached 44.99 on October 10, 2025. BKR lost 5.94 points, or 11.66%, in 14 days. Price is near the trend low.
Daily Technical Indicators: [See BKR daily technical indicators chart] Daily Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Lane's Stochastic. The daily MACD line is below its signal line since October 1, 2025. This is an indication that the short-term trend is down. The price touches the lower Bollinger Band. 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. During the last week, the price has crossed below the 50 Day Moving Average. While the medium-term trend is up and daily technical indicators are oversold, the 50 Day Moving Average is considered a support level. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
| |
|
|