• Return to Headlines

Baker Hughes Bullish Moving Average Crossover Alert (BHI)

By Nick Russo

Today, shares of Baker Hughes (NYSE:BHI) have advanced above their 10-day MA of $44.18 on a volume of 846K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

Baker Hughes share prices have moved between a 52-week high of $70.45 and a 52-week low of $37.58 and are now trading 18% above that low price at $44.51 per share. The 200-day and 50-day moving averages have moved 0.56% lower and 0.56% higher over the past week, respectively.

SmarTrend is monitoring the recent change of momentum in Baker Hughes. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Baker Hughes in search of a potential trend change.

Keywords: moving crosses Baker Hughes

Ticker(s): BHI