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Downtrend Call Working As Baker Hughes Inc Stock Falls 5.7% (BHI)

By Nick Russo

SmarTrend identified a Downtrend for Baker Hughes Inc (:BHI) on April 25th, 2017 at $57.81. In approximately 34 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 $43.09 to $68.59 and is now at $54.51, 27% above that low. Over the past week, 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