Technical Analysis for BAK - Braskem SA ADR

Grade Last Price % Change Price Change
grade C 27.62 -2.51% -0.71
BAK closed down 2.51 percent on Thursday, March 21, 2019, on 1.23 times normal volume. It was able to bounce off of its 200 day moving average, an important long-term support line. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline.

Earnings due: Apr 4

*** please verify all earnings dates ***

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Flat Down Down
See historical BAK trend table...

Date Alert Name Type % Chg
Mar 21 Fell Below 50 DMA Bearish 0.00%
Mar 21 MACD Bearish Centerline Cross Bearish 0.00%
Mar 21 New Downtrend Bearish 0.00%
Mar 21 Expansion Pivot Sell Setup Bearish Swing Setup 0.00%
Mar 21 200 DMA Support Bullish 0.00%
Mar 21 Cup with Handle Other 0.00%
Mar 21 Below Lower BB Weakness 0.00%
Mar 21 Down 3 Days in a Row Weakness 0.00%
Mar 21 Lower Bollinger Band Touch Weakness 0.00%
Mar 20 50 DMA Support Bullish -2.51%

Older signals for BAK ...

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Profile
Braskem S.A., together with its subsidiaries, produces and sells basic petrochemicals and thermoplastic resins in Brazil and internationally. It operates in three segments: Basic Petrochemicals, Polyolefins, and Vinyls. The Basic Petrochemicals segment produces ethylene, propylene butadiene, toluene, xylene, and benzene, as well as gasoline and liquefied petroleum gas; and supplies electric energy, steam, and compressed air to second-generation producers. The Polyolefins segment engages in the production of polyethylene, green polyethylene, and polypropylene. The Vinyls segment produces polyvinyl chloride, caustic soda, and chloride. Braskem also engages in the production, supply, and sale of utilities, such as water and industrial gases; and provides industrial services. The company was founded in 1972 and is headquartered in Camacari, Brazil. Braskem S.A. operates as a subsidiary of Odebrecht S.A.
Packaging Materials Petroleum Gas Chemical Industry Dielectrics Economy Of Brazil Petrochemical Plastic Industrial Services Polyethylene Polyolefin
Is BAK a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 2 bearish and 3 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 30.52
52 Week Low 21.32
Average Volume 329,260
200-Day Moving Average 27.5166
50-Day Moving Average 28.0398
20-Day Moving Average 28.83
10-Day Moving Average 28.52
Average True Range 0.7405
ADX 26.63
+DI 10.4362
-DI 34.3099
Chandelier Exit (Long, 3 ATRs ) 28.1585
Chandelier Exit (Short, 3 ATRs ) 29.0615
Upper Bollinger Band 30.0176
Lower Bollinger Band 27.6424
Percent B (%b) -0.01
BandWidth 8.23864
MACD Line -0.0344
MACD Signal Line 0.1365
MACD Histogram -0.1709
Fundamentals Value
Market Cap 11 Billion
Num Shares 398 Million
EPS 0.99
Price-to-Earnings (P/E) Ratio 27.90
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) 29.77
Resistance 3 (R3) 29.74 29.01 29.41
Resistance 2 (R2) 29.01 28.46 29.02 29.29
Resistance 1 (R1) 28.31 28.12 27.95 28.34 29.17
Pivot Point 27.58 27.58 27.39 27.59 27.58
Support 1 (S1) 26.88 27.03 26.52 26.91 26.07
Support 2 (S2) 26.15 26.69 26.16 25.95
Support 3 (S3) 25.45 26.15 25.83
Support 4 (S4) 25.48