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Baker Hughes Inc Down 5.7% Since SmarTrend Downtrend Call (BHI)

By David Diaz

SmarTrend identified a Downtrend for Baker Hughes Inc (:BHI) on April 25th, 2017 at $57.81. In approximately 32 months, Baker Hughes Inc has returned 5.71% as of today's recent price of $54.51.

In the past 52 weeks, shares of Baker Hughes Inc have traded between a low of $43.09 and a high of $68.59 and are now at $54.51, which is 27% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

Baker Hughes, a GE Company, LLC offers oilfield products and services. The Company provides services for oil and gas exploration, drilling, completion, and production. Baker Hughes, a GE Company serves customers globally.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Baker Hughes Inc.

Log in and add Baker Hughes Inc (BHI) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights :bhi baker hughes inc

Ticker(s): BHI