Baker Hughes Company offers a range of technologies and services for the global energy and industrial sectors. It operates in two segments: Oilfield Services & Equipment (OFSE) and Industrial & Energy Technology (IET). The OFSE segment focuses on designing and manufacturing products and services for oilfield operations, including exploration, production, and decommissioning. It also provides drilling services, artificial lift systems, and integrated well solutions. The IET segment supplies gas technology equipment and solutions for various energy sectors, along with monitoring equipment and inspection services. Formerly known as Baker Hughes, a GE company, it rebranded to Baker Hughes Company in October 2019 and was incorporated in 2016, headquartered in Houston, Texas.
BKR —  NASDAQ —
Current RSI of this stock is 80.14, which indicates the strength of buyers.
MACD line has crossed the signal line from the below, generates bullish signal.
Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.
Based on our stock trading advice in Saudi Arabia, Baker Hughes Company stock price target will be USD 48.5 - USD 49 in the next 12-14 trading sessions.
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