BAK NEWS why is Braskem S.a. price falling or rising

BAK NEWS reasons for why stock price of Braskem S.a. is falling or rising

BAK Braskem S is falling or rising technical reasons

Technical analysis forecast for Braskem S Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Braskem S BAK at this time. Stock is falling and might fall more.

It appears as if Braskem S BAK gave a large move recently.

Stock of Braskem S (BAK) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Braskem S is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Braskem S stays below 5.1, but if it comes above 5.1, then a intra day buy could be more profitable.
If you take a sell trade below 5.1, then use 5.1 as stoploss and 4.6 as target. However if you take a buy trade in Braskem S, then use 5.1 as stoploss and 5.42 as target.

BAK Braskem S is falling or rising NEWS fundamental reasons

More announcements and NEWS

BAK Braskem S.a. current price & indicator signals

Moving Averages for Braskem S.a.

  • 5Day Average: 5.22
  • 12Day Average: 5.16
  • 20Day Average: 5.41
  • 50Day Average: 6.22
  • 100Day Average: 6.32
  • 150Day Average: 6.58
  • 200Day Average: 7.21

BAK Indicators & signals

Indicator MACD (12,26,9)

5.25, 5.55, -0.32
Indicator MACD is in negative zone

Indicator ADX (14)

6.67, 33.33, 38.1
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 56
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of BAK Braskem S.a. are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
03 Tue Dec 2024 5.03 5.00 to 5.07 -3.45% 0.05 times
26 Tue Nov 2024 5.21 5.18 to 5.40 0% 0.8 times
26 Tue Nov 2024 5.21 5.18 to 5.40 -2.25% 0.8 times
25 Mon Nov 2024 5.33 5.31 to 5.46 0.57% 1.39 times
22 Fri Nov 2024 5.30 5.00 to 5.31 6.85% 2.46 times
21 Thu Nov 2024 4.96 4.92 to 5.03 -2.36% 1.58 times
20 Wed Nov 2024 5.08 5.06 to 5.16 -0.2% 0.38 times
19 Tue Nov 2024 5.09 5.07 to 5.26 -0.2% 0.83 times
18 Mon Nov 2024 5.10 5.09 to 5.23 -1.73% 0.85 times
15 Fri Nov 2024 5.19 5.12 to 5.25 0% 0.39 times
14 Thu Nov 2024 5.19 5.18 to 5.34 -1.52% 0.54 times
13 Wed Nov 2024 5.27 5.20 to 5.31 -0.94% 0.82 times

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