(BAK) Braskem S complete technical analysis [charts+indicators] | Buy/Sell Braskem S | (BAK) share price targets
Complete technical analysis of Braskem S (BAK) by charts plus indicators, forecast predictions and share price targets for Braskem S (BAK)
Braskem S trades in USA in Basic Industries sector.
10 day averaged volume of Braskem S is 1203279
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 7.54 | 7.59 | 7.62 | 7.52 | 0.193 times |
| 16 Thu May 2024 | 7.52 | 7.51 | 7.62 | 7.48 | 0.383 times |
| 15 Wed May 2024 | 7.50 | 7.57 | 7.65 | 7.45 | 0.469 times |
| 14 Tue May 2024 | 7.57 | 7.31 | 7.61 | 7.31 | 0.846 times |
| 13 Mon May 2024 | 7.32 | 7.36 | 7.50 | 7.30 | 0.457 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 7.5 as stoploss in an intra day buy trade for a target of 8.13. However, stock will show a bearish move below 7.5.
Share price targets for Braskem S (BAK)
| Target Type | Value |
| Downside Target | 6.35 |
| Downside Target | 6.89 |
| Downside Target | 7.30 |
| Upside Target | 7.65 |
| Upside Target | 8.00 |
| Upside Target | 8.35 |
| Upside Target | 8.74 |
| Upside Target | 9.05 |
| Upside Target | 9.14 |
| Upside Target | 9.21 |
| Upside Target | 10.64 |
| Upside Target | 10.98 |
Intraday share price targets for Braskem S (BAK)
| Target Type | Value |
| Downside Intraday Target | 7.34 |
| Downside Intraday Target | 7.15 |
| Upside Intraday Target | 7.69 |
| Upside Intraday Target | 7.85 |
| Downside Intraday Target | 7.5 |
Weekly technical analysis of Braskem S (BAK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 7.54 | 7.36 | 7.65 | 7.30 | 0.307 times |
| 10 Fri May 2024 | 7.36 | 7.70 | 8.09 | 7.34 | 2.098 times |
| 03 Fri May 2024 | 9.03 | 9.09 | 9.21 | 8.06 | 1.467 times |
| 26 Fri Apr 2024 | 8.94 | 8.43 | 9.05 | 8.38 | 0.758 times |
| 19 Fri Apr 2024 | 8.65 | 9.01 | 9.14 | 8.35 | 1.24 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Braskem S (BAK)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 7.54 | 8.17 | 9.05 | 7.30 | 0.905 times |
| 30 Tue Apr 2024 | 8.20 | 10.48 | 10.64 | 8.13 | 0.64 times |
| 28 Thu Mar 2024 | 10.53 | 8.63 | 10.98 | 8.00 | 1.183 times |
| 29 Thu Feb 2024 | 8.47 | 7.26 | 8.74 | 6.35 | 1.029 times |
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Braskem S (BAK)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 18, 39, 37 | Sell |
| MACD | -1, -1 | Sell |
| Stochastics | 18 | Sell |
| CCI | -11 | Buy |
| RSI | 43 | Sell |
| OBV | -6181315 | Sell |
| VWAP | 8 | Sell |
| ADL | 0 | Sell |
| ROC | -17 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Braskem S ( (BAK) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Braskem S ( (BAK) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Braskem S ( (BAK) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Braskem S ( (BAK) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Braskem S stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Braskem S in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Braskem S Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Braskem S in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Braskem S is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 7.66 and Braskem S (BAK) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Braskem S (BAK) stock. Volume based technical analysis of Braskem S (BAK) stock is negative.
Braskem S Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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