NYSE:BHI
Delisted

Baker Hughes Incorporated Fund Forecast

$57.68
+0 (+0%)
At Close: Aug 14, 2017
RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.

Baker Hughes Incorporated fund price ended at $57.68 on Monday, after losing 0%.
(Updated on Aug 14, 2017)

Buy or Hold candidate since Jul 07, 2017 PDF

No changes to the price of Baker Hughes Incorporated fund on the last trading day (Monday, 14th Aug 2017). During the last trading day the fund fluctuated 5.79% from a day low at $54.57 to a day high of $57.73. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks.

The fund lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the fund is expected to rise 3.39% during the next 3 months and, with a 90% probability hold a price between $56.24 and $62.10 at the end of this 3-month period.

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BHI Signals & Forecast

There are mixed signals in the fund today. A sell signal was issued from a pivot top point on Friday, August 11, 2017, and so far it has fallen 0%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day while price remained unchanged. This may be an early warning, but it may also not. We still recommend that you pay attention over the next couple of days. The Baker Hughes Incorporated fund holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $57.68 and $57.11. A breakdown below any of these levels will issue sell signals.

Support, Risk & Stop-loss for Baker Hughes Incorporated fund

Baker Hughes Incorporated finds support from accumulated volume at $55.53 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the fund tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the fund moved $3.16 between high and low, or 5.79%. For the last week the fund has had daily average volatility of 5.79%.

Our recommended stop-loss: $55.37 (-4.00%) (This fund has low daily movements and this gives low risk. There is a sell signal from a pivot top found 1 day ago.)

Trading Expectations (BHI) For The Upcoming Trading Day Of Tuesday 15th

For the upcoming trading day on Tuesday, 15th we expect Baker Hughes Incorporated to open at $56.66, and during the day (based on 14 day Average True Range), to move between $54.77 and $60.59, which gives a possible trading interval of +/-$2.91 (+/-5.05%) up or down from last closing price. If Baker Hughes Incorporated takes out the full calculated possible swing range there will be an estimated 10.10% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $58.00 (0.55%) than the support at $55.53 (3.73%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Baker Hughes Incorporated fund A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Baker Hughes Incorporated fund to perform well in the short-term.

Current score: 1.820 Buy Candidate Unchanged

Predicted Opening Price for Baker Hughes Incorporated of Tuesday, August 15, 2017

Fair opening price August 15, 2017 Current price
$56.66 ( 1.77%) $57.68

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for BHI

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 59.82 3.71 %
R2 58.61 1.62 %
R1 57.87 0.324 %
Current price: 57.68
Support S1 55.45 -3.86 %
S2 54.71 -5.15 %
S3 53.50 -7.25 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 58.22 0.94 %
R2 58.01 0.572 %
R1 58.00 0.555 %
Current price 57.68
Support S1 55.53 -3.73%
S2 54.52 -5.48%
S3 53.99 -6.40%

FAQ

What is the symbol for Baker Hughes Incorporated Fund and on which exchange is it traded?
The symbol for Baker Hughes Incorporated is BHI and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Baker Hughes Incorporated Fund?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Baker Hughes Incorporated fund to perform well in the short-term.

How to buy Baker Hughes Incorporated Fund?
Baker Hughes Incorporated Fund can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Baker Hughes Incorporated Fund.

What's the current price of Baker Hughes Incorporated Fund?
As of the end of day on the 2017-08-14, the price of an Baker Hughes Incorporated (BHI) share was $57.68.

What is the 52-week high and low for Baker Hughes Incorporated Fund?
The 52-week high for Baker Hughes Incorporated Fund is $68.59 and the 52-week low is $47.54.
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About Baker Hughes Incorporated

Baker Hughes Incorporated supplies oilfield services, products, technology, and systems to the oil and natural gas industry worldwide. The company offers drilling and evaluation products and services, which include drill bits for performance drilling, hole enlargement, and coring; conventional and rotary steerable systems used to drill wells; measurement-while-drilling and logging-while-drilling systems to perform reservoir navigation services; d... BHI Profile

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