Technical Analysis for BAK - Braskem SA ADR

Grade Last Price % Change Price Change
B 8.79 0.34% 0.03
BAK closed up 1.27 percent on Monday, April 22, 2024, on 57 percent of normal volume. It was able to bounce off of its 200 day moving average, an important long-term support line. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
Earnings due: May 8
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Down Down

Date Alert Name Type % Chg
200 DMA Support Bullish 0.34%
Outside Day Range Expansion 0.34%
Wide Bands Range Expansion 0.34%
Up 3 Days in a Row Strength 0.34%
Gapped Down Weakness 0.34%
Oversold Stochastic Weakness 0.34%
200 DMA Support Bullish 1.62%
Lower Bollinger Band Walk Weakness 1.62%
Wide Bands Range Expansion 1.62%
Gapped Down Weakness 1.62%

   Recent Intraday Alerts

Alert Time
Up 1% about 1 hour ago
Gap Down Partially Closed about 2 hours ago
Gap Down Closed about 2 hours ago
Reversed from Down about 2 hours ago
Rose Above Previous Day's High about 2 hours ago

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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 1,045,094
200-Day Moving Average 8.53
50-Day Moving Average 8.90
20-Day Moving Average 9.71
10-Day Moving Average 9.08
Average True Range 0.35
RSI (14) 40.12
ADX 27.23
+DI 20.19
-DI 36.64
Chandelier Exit (Long, 3 ATRs) 9.92
Chandelier Exit (Short, 3 ATRs) 9.41
Upper Bollinger Bands 11.20
Lower Bollinger Band 8.23
Percent B (%b) 0.18
BandWidth 30.57
MACD Line -0.14
MACD Signal Line 0.08
MACD Histogram -0.2175
Fundamentals Value
Market Cap 3.49 Billion
Num Shares 398 Million
EPS -2.37
Price-to-Earnings (P/E) Ratio -3.70
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) 9.39
Resistance 3 (R3) 9.33 9.07 9.28
Resistance 2 (R2) 9.07 8.91 9.09 9.25
Resistance 1 (R1) 8.91 8.81 8.99 8.97 9.21
Pivot Point 8.65 8.65 8.68 8.67 8.65
Support 1 (S1) 8.49 8.49 8.57 8.55 8.31
Support 2 (S2) 8.23 8.39 8.26 8.27
Support 3 (S3) 8.07 8.23 8.24
Support 4 (S4) 8.13