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Takip Edin: @UscMarketsBKR Stock Forecast & Baker Hughes Company Chart Analysis
This article provides a detailed analysis of BKR-Baker Hughes Company stock including a forecast for BKR shares. It features Baker Hughes Company technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
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BKR Historical Data Review
BKR Current Price Performance Analysis
The Baker Hughes Company - BKR stock traded on the American stock market, on 06-05-2024, closed at 31.75$ with a %0.38 increased compared to the previous day.
In the last month, the price of BKR changed by %-0.78 decreased in value, from 32.0 dollars on 05-06-2024 to 31.75 dollars, decreased.
Last year, the price of BKR was 30.59 dollars on 06-06-2023, and changed by %3.79 increased in value, to 31.75 dollars increased within a year.
The price of Baker Hughes Company stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.
BKR with AI Stock Forecast & Price Target
On the BKR chart Baker Hughes Company price was recorded as 31.75 Dollars on 06/05/2024.
The artificial intelligence's forecast on BKR stock is as follows.
The artificial intelligence's prediction error margin for BKR stock is very high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for Baker Hughes Company stock over the next 4 months is: 33.0 Dollars.
The commentary on BKR stock Target Price: Highest: 38.776 Dollars is predicted.
The commentary on BKR stock Target Price: Lowest: 29.431 Dollars is predicted.
Resistance Price where Baker Hughes Company stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 09-23-2024 | 30.669 |
| 02-10-2025 | 38.776 |
Support Price where Baker Hughes Company stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 08-19-2024 | 29.431 |
| 10-28-2024 | 29.596 |
| 03-17-2025 | 36.073 |
The commentary on BKR stock: Fluctuations in the target price can be expected in the coming days.
The target price for Baker Hughes Company stock by the end of 2024 is predicted to be 34.811 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on BKR stock, and the 2024 target price predictions for Baker Hughes Company are detailed above.
The technical analysis and charts for the commentary on BKR stock are below.
BKR Support & Resistance and Trend Analysis
BKR stock you have reviewed the technical analysis support resistance charts regarding.
BKR : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the BKR review, the Baker Hughes Company support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
Baker Hughes Company Support and Resistance Prices:
| BKR Support Level Price | BKR Resistance Level Price |
|---|---|
| 28.32 | 30.09 |
| 28.34 | 30.39 |
| 28.63 | 31.66 |
| 31.23 | 33.53 |
| 31.42 | 33.55 |
| 31.56 | 33.78 |
| 32.68 | 34.41 |
| 34.62 | |
| 34.92 |
BKR Technical Analysis: SMA, RSI, MACD
Upon reviewing the BKR chart, buy and sell signals have been generated in the Baker Hughes Company technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for BKR stock are as follows:- The technical analysis for Baker Hughes Company indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for Baker Hughes Company stock: Click here to read more predictions on Fortive Corporation stock.
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