For its latest trading sesion, Baker Hughes, a GE company (NYSE:BHGE) dropped by -1.2% – here is what that looked like (as of 2019-12-04):
What’s the reason for these moves? To have a greater insight of what is happening, We ought to analyze some technical indicators. The most important ones are as follows:
A Money Flow Index (MFI) of 50.457, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of 0.008, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.487, an Accumulation/Distribution Index (ADI) of 0.487, an On-Balance Volume (OBV) of 227.416, and a Chaiikin Money Flow (CMF) of 22.42. 8.714
Now let’s plug these indicators in. According to Trading View, this is what it all means:
That is what an analysis of technical indicators seems to indicate for Baker Hughes, a GE company (NYSE:BHGE). That’s what we have now, but please BE EDUCATED! Do your own research, and absolutely do not rely solely on the above – investigate things for yourself.