Technical Analysis for BAK - Braskem SA ADR

Grade Last Price % Change Price Change
grade F 14.32 -2.59% -0.38
BAK closed down 2.59 percent on Thursday, February 20, 2020, on 32 percent of normal volume. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent N/A Down Down
Historical BAK trend table...

Date Alert Name Type % Chg
Shooting Star Candlestick Bearish 0.00%
180 Bearish Setup Bearish Swing Setup 0.00%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
Outside Day Range Expansion 0.00%
Wide Bands Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
Narrow Range Bar Range Contraction -2.59%
Wide Bands Range Expansion -2.59%
Oversold Stochastic Weakness -2.59%
Stochastic Buy Signal Bullish -0.07%

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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.
Petrobras

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 18.64
52 Week Low 12.88
Average Volume 201,924
200-Day Moving Average 0.00
50-Day Moving Average 15.31
20-Day Moving Average 15.39
10-Day Moving Average 14.55
Average True Range 0.62
ADX 21.08
+DI 24.88
-DI 30.01
Chandelier Exit (Long, 3 ATRs ) 16.78
Chandelier Exit (Short, 3 ATRs ) 15.96
Upper Bollinger Band 17.74
Lower Bollinger Band 13.04
Percent B (%b) 0.27
BandWidth 30.58
MACD Line -0.38
MACD Signal Line -0.25
MACD Histogram -0.1361
Fundamentals Value
Market Cap 5.7 Billion
Num Shares 398 Million
EPS 0.99
Price-to-Earnings (P/E) Ratio 14.46
Price-to-Sales 0.75
Price-to-Book 5.66
PEG Ratio -1.18
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 15.13
Resistance 3 (R3) 15.22 15.04 15.00
Resistance 2 (R2) 15.04 14.83 15.00 14.95
Resistance 1 (R1) 14.68 14.71 14.59 14.59 14.90
Pivot Point 14.50 14.50 14.46 14.46 14.50
Support 1 (S1) 14.14 14.29 14.05 14.05 13.74
Support 2 (S2) 13.96 14.17 13.92 13.69
Support 3 (S3) 13.60 13.96 13.65
Support 4 (S4) 13.51