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Baker Hughes Inc Has Returned 5.7% Since SmarTrend Recommendation (BHI)

By David Diaz

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

Over the past year, Baker Hughes Inc has traded in a range of $53.21 to $57.73 and is now at $54.51, 2% above that low. 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 Incorporated supplies reservoir-centered products, services, and systems to the worldwide oil and gas industry. The Company provides products and services for oil and gas exploration, drilling, completion, and production. Baker Hughes also manufactures and markets a variety of roller cutter bits and fixed cutter diamond bits.

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