Baker Hughes (Germany) Technical Analysis

68V Stock  EUR 38.04  0.50  1.30%   
As of the 22nd of December, Baker Hughes shows the Mean Deviation of 1.49, risk adjusted performance of 0.1236, and Downside Deviation of 1.45. Baker Hughes technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Baker Hughes coefficient of variation, variance, and the relationship between the downside deviation and standard deviation to decide if Baker Hughes is priced correctly, providing market reflects its regular price of 38.04 per share.

Baker Hughes Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Baker, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Baker
  
Baker Hughes' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Baker Hughes technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Baker Hughes technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Baker Hughes trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Baker Hughes Technical Analysis

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The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Baker Hughes volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Baker Hughes Trend Analysis

Use this graph to draw trend lines for Baker Hughes Co. You can use it to identify possible trend reversals for Baker Hughes as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Baker Hughes price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Baker Hughes Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Baker Hughes Co applied against its price change over selected period. The best fit line has a slop of   0.15  , which means Baker Hughes Co will continue generating value for investors. It has 122 observation points and a regression sum of squares at 874.59, which is the sum of squared deviations for the predicted Baker Hughes price change compared to its average price change.

About Baker Hughes Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Baker Hughes Co on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Baker Hughes Co based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Baker Hughes price pattern first instead of the macroeconomic environment surrounding Baker Hughes. By analyzing Baker Hughes's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Baker Hughes's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Baker Hughes specific price patterns or momentum indicators. Please read more on our technical analysis page.

Baker Hughes December 22, 2024 Technical Indicators

Most technical analysis of Baker help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Baker from various momentum indicators to cycle indicators. When you analyze Baker charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Complementary Tools for Baker Stock analysis

When running Baker Hughes' price analysis, check to measure Baker Hughes' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Baker Hughes is operating at the current time. Most of Baker Hughes' value examination focuses on studying past and present price action to predict the probability of Baker Hughes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Baker Hughes' price. Additionally, you may evaluate how the addition of Baker Hughes to your portfolios can decrease your overall portfolio volatility.
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