Technical Analysis for BAK - Braskem SA ADR

Grade Last Price % Change Price Change
F 7.82 3.65% 0.28
BAK closed up 0.27 percent on Friday, May 17, 2024, on 24 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
1 Watcher
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Up

Date Alert Name Type % Chg
NR7 Range Contraction 3.65%
NR7-2 Range Contraction 3.65%
Narrow Range Bar Range Contraction 3.65%
Wide Bands Range Expansion 3.65%
Oversold Stochastic Weakness 3.65%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 3.92%
NR7 Range Contraction 3.92%
Narrow Range Bar Range Contraction 3.92%
Inside Day Range Contraction 3.92%
Oversold Stochastic Weakness 3.92%

   Recent Intraday Alerts

Alert Time
2x Volume Pace about 2 hours ago
1.5x Volume Pace about 2 hours ago
Gapped Up (Full) about 2 hours ago
Rose Above Previous Day's High about 2 hours ago
Rose Above 10 DMA about 2 hours ago

Get this analysis on your stocks daily!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

Braskem SA manufactures petrochemicals and other related products. It operates through the following business segments: Chemicals, Polyolefins, Vinyls, the U. S. and Europe, and Braskem Idesa. The company was founded in 1979 and is headquartered in Butanta, Brazil.
Classification

Sector: Basic Materials
Industry: Chemicals
Keywords: Polyol Polyolefin Polyolefins

Is BAK a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 12.67
52 Week Low 6.3
Average Volume 1,005,821
200-Day Moving Average 8.30
50-Day Moving Average 8.94
20-Day Moving Average 8.13
10-Day Moving Average 7.56
Average True Range 0.34
RSI (14) 37.11
ADX 24.89
+DI 21.49
-DI 36.38
Chandelier Exit (Long, 3 ATRs) 8.20
Chandelier Exit (Short, 3 ATRs) 8.31
Upper Bollinger Bands 9.35
Lower Bollinger Band 6.90
Percent B (%b) 0.26
BandWidth 30.17
MACD Line -0.44
MACD Signal Line -0.40
MACD Histogram -0.0369
Fundamentals Value
Market Cap 3 Billion
Num Shares 398 Million
EPS -2.37
Price-to-Earnings (P/E) Ratio -3.18
Price-to-Sales 0.04
Price-to-Book 2.78
PEG Ratio -1.31
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 7.70
Resistance 3 (R3) 7.71 7.67 7.67
Resistance 2 (R2) 7.67 7.63 7.66 7.66
Resistance 1 (R1) 7.60 7.60 7.58 7.59 7.65
Pivot Point 7.56 7.56 7.55 7.56 7.56
Support 1 (S1) 7.50 7.52 7.48 7.49 7.43
Support 2 (S2) 7.46 7.50 7.45 7.42
Support 3 (S3) 7.39 7.46 7.41
Support 4 (S4) 7.38