Uptrend Under Pressure 93
Institutional selling is building — 7 distribution days in the last 25 sessions. Severe risk · 93/100 · 7 distribution days (SPY) Sep 11 Full briefing →
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BKR · Baker Hughes Company

$59.40 -6.66% Sep 10 close
Detected setup Trend Only · Setup Score 68/100

Stand aside — setup invalidated

Setup score 68, but distribution days reach 5 or more — stand aside until the condition resets.

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$BKR

Baker Hughes Company

Baker Hughes Company is a large-cap Contract Drilling company in the Industrial Services sector with a market cap of $63B.

Industrial Services Contract Drilling stock Stage 1 · Basing Base 3+
$59.40 latest close
Historical record

No active setup in the latest scan — this page shows the last detection Legend AI made for $BKR. Every level, score and criterion below is computed from the Sep 10 close session (1 session old), and may no longer hold.

Historical verdict · setup score 68/100 · data Sep 10 close · 1 session old

Stand aside — setup invalidated

Setup score 68, but distribution days reach 5 or more — stand aside until the condition resets.

Earnings

Normal technical setup

Next earnings Wednesday, October 21, 2026 After market close Exact clock time not supplied by source

Deterministic evidence

BKR-6.66%
Sector proxy · XLE-0.58%
Broad market · SPY-0.60%
Same completed session window ending 2026-09-10. BKR was -6.08 points vs XLE. -6.06 points vs SPY.

Session internals Weak

Rule: closed flat-to-down and in the bottom third of the range. Judged on internals, not on the size of the move.

Vs prior close-6.66% From the open-6.62% Range position8% GapNo gap
QQQ confirmationConfirming (-1.06%) SMH confirmationConfirming (-2.44%)
Price bars, sourced event fields, and benchmark math only. This can adjust displayed short-term conviction; it does not change the stored scanner score or readiness.

Ask a Legend to interpret this evidence → Commentary only — never scanner evidence or a sizing recommendation.

Price $59.40 -6.7% Sep 10 close
52W High $70.41 9.6% below high
Wks Since High 18w
Base Depth 24.2% 25.8% today
RS Rank 33 percentile of scan
SMA 50 $60.33
Avg Vol 8,105,400
Rel Vol (Sep 10) 1.38×
More stats
52W Low $43.92
Tight Wks 0
Base B3
SMA 200 $58.71
RS Line vs High -16.3%
RS Line Slope +0.3% ▲
Group Rank #16/58
ADR% 2.7%
ATR(14) $1.82 (3.1%)
Vol Pace (live) N/A
U/D Vol 0.72
A/D Days 12A / 11D
A/D Rating B
VDU Bars 0/10 d
Earnings in 39d
Position in 52-week range 58thpercentile of the 52-week range
$43.92low
$70.41high

BKR Chart

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Technical Analysis Report Card

$BKR · $59.40 · as of 2026-09-10 · multi-factor read
41
/ 100
Technicals 41/100
Reference read from price & volume only — the verdict at the top of the page decides the action.

Trend · Daily / Weekly / Monthly

Daily ▬ Sideways / consolidating
Weekly ▼ Downtrend
Monthly ▬ Sideways / consolidating

Moving Averages

50-day$60.33 ↓
100-day$62.00 ↓
200-day$58.71 ↑
Bullish (50 > 200)

RSI (14)

Reading36.9 · Bearish

Bearish momentum — sellers in control.

MACD (12/26/9)

StateWeakening
Histogram-0.365

Weakening — MACD slipped below its signal line. Histogram contracting.

Bollinger Bands (20,2)

%B / Width-20% · 8.5%
Squeeze — volatility compressing

Piercing the lower band — capitulation or strong selling. Bands are squeezing — volatility is compressing, often a precursor to a sharp move.

Volume · Buyer vs Seller

Up/Down vol0.72 · Neutral
Rel volume1.38×

Balanced — up/down volume is roughly even; no clear hand. Recent volume is easing versus its baseline.

Support & Resistance

R · $62.67swing level
R · $64.63swing level
R · $65.44swing level
Price · $59.40now
S · $59.18swing level
S · $58.42swing level
S · $54.12swing level

Fibonacci · Downtrend swing

23.6%$56.55
38.2% ◄ price here$59.20
50.0%$61.34
61.8%$63.48
78.6%$66.53

Retracement resistance zones measured from the recent swing high down to the low.

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Weekly downtrendAbove 200-day MA50/200 bullish
Want this read in a legend's voice? Ask a Legend about BKR
Generic technical analysis generated mechanically from price & volume — educational research only, not financial advice or a personalized recommendation. Levels are illustrative; confirm on your own chart. New to these terms? →
Legend Verdicts 6 methodology checks

Who would consider this setup, why it qualifies, and what blocks it — calculated from the same deterministic methodology rules used across Legend AI.

Council consensus: 4 of 6 legends are Watching — building, not yet a confirmed buy.
Avoid
Minervini D

Trend-template read: fails 50-day MA > 150-day MA AND 200-day MA.

Passing evidence
1.1 Price > 150-day MA AND 200-day MAPrice $63.64, MA150 $61.65, MA200 $58.65
1.2 150-day MA > 200-day MAMA150 $61.65 vs MA200 $58.65
Failing evidence
1.4 50-day MA > 150-day MA AND 200-day MAMA50 $60.25, MA150 $61.65, MA200 $58.65
1.8 RS rank ≥ 70 (prefer ≥ 85)RS rank 42
5/10 checks
Avoid
O'Neil D

CANSLIM read: fails C: Quarterly EPS acceleration ≥ 25%.

Passing evidence
N: Near 52-week high or RS line new high9.6% below high | RS line new high: False
S: Base tightness (ATR% ≤ 4.5%)ATR% 2.60%
Failing evidence
C: Quarterly EPS acceleration ≥ 25%+10.3% QoQ
L: RS rank ≥ 80 (IBD leadership)RS rank 42
2/8 checks
Watch
Weinstein C

Stage-analysis read: Stage 2 is present; 2 supporting checks need improvement.

Passing evidence
Stage 2 (Advancing phase) confirmedStage 2 (Advancing)
Price above 30-week MA (200-day proxy)Price $63.64 vs MA200 $58.65
Failing evidence
Volume expansion above averageVolume ratio 0.85x
Relative strength ≥ 60RS 42
5/7 checks
Watch
Livermore B

Pivotal-point read: constructive evidence is present, but relative strength is unresolved.

Passing evidence
Price$63.64
Distance from 52-week high9.6% below high
Failing evidence
Relative strengthRS 42
Volume vs average0.85x
3/6 checks
Watch
Darvas B

Box-theory read: constructive evidence is present, but relative strength is unresolved.

Passing evidence
Price$63.64
Distance from 52-week high9.6% below high
Failing evidence
Relative strengthRS 42
Volume vs average0.85x
3/6 checks
Watch
Wyckoff B

Supply-and-demand read: constructive evidence is present, but relative strength is unresolved.

Passing evidence
Price$63.64
Distance from 52-week high9.6% below high
Failing evidence
Relative strengthRS 42
Volume vs average0.85x
3/6 checks
Base & Breakout
Breakout follow-through

No active breakout tracked — Legend AI monitors daily for pivot-point breaks. What's a breakout?

RS Line vs SPY 52-week relative strength · blue = RS line · dashed = MA50 · dot = NH ▲ Rising
109RS Line (52W)
Accumulation / Distribution last 65 sessions · green = acc on high vol · red = dist on high vol Net -5 B
A: 14 D: 19 Net: -565 sessions
Minervini · Grade Card
Fundamentals & leadership quality — Minervini’s published criteria · 1/7 met
D 1/7 criteria
Separate score from the Minervini Trend Template (4/8): the Trend Template grades the price structure, this grades the company & leadership (earnings, sales, margins, RS rank). A stock can ride a clean trend while its fundamentals lag, so the two often differ by design — they are not the same checklist.
EPS acceleration ≥25% QoQ +10%
Revenue growth ≥20% YoY -0%
Gross margin ≥30% 24%
ROE ≥17% 16%
RS rating ≥80 (leadership) 42
Stage 2 uptrend (Weinstein) Stage 1
Within 25% of 52W high -15.6%

Method Playbook

Trade it like Weinstein EXACT LEVELS · PRO
Weinstein C · Watch — The deterministic methodology check is Watch; wait for the failing or incomplete criteria to improve before the trigger can qualify.
Pivot
Pro level
Published-method rule: Use Stage 1 resistance and the rising 30-week moving average as the Stage 2 transition boundary.
Evidence: Canonical setup geometry is available with Pro.
Entry trigger
Pro level
Published-method rule: Require a Stage 2 breakout above resistance on expanding volume; avoid entries while the 30-week average is flat or falling.
Evidence: Canonical setup geometry is available with Pro.
Initial stop
Pro level
Published-method rule: Start below the breakout structure or Stage 1 support where a return to the base invalidates the Stage 2 transition.
Evidence: Canonical setup geometry is available with Pro.
Trail
Rule-based
Published-method rule: Trail beneath rising 30-week support or later higher swing lows while Stage 2 remains intact.
Evidence: Planned management rule; no stored stop or broker order is changed automatically.
Exit / invalidation
Pro level
Published-method rule: Exit on a decisive 30-week support failure or a Stage 3/Stage 4 transition; never treat a failed Stage 2 break as healthy consolidation.
Evidence: Canonical setup geometry is available with Pro.
Deterministic educational plan, not a recommendation. No order or stop is changed automatically. Method and sources →

Pattern Analysis (historical)

68 setup score
RS Score 42
Trend template 4/8
The Universal Edge Check · context only

What the setup still has going for it, recorded for later. The verdict above stands — these principles do not overrule it.

1/7 universals met
  • A relative-strength leader — not met RS rank 33 — laggard
  • Risk is defined — not met No stop — undefined risk
  • Asymmetric reward — partly met No target set
  • In a confirmed uptrend — partly met Stage 1 · Trend template 4/8 — not yet Stage 2
  • Not chasing (in range) — partly met Pivot distance unknown
  • Volume confirms — partly met 1.4× average — light
  • Clear of earnings — met in 39 days
Why these seven? → The Universal Edge

Minervini Trend Template

4/8

Grades the price structure — moving-average stacking, distance from the 52-week high/low, and relative strength above the ≥70 uptrend bar. This is the technical trend check; the company's fundamentals and ≥80 RS leadership are scored separately in the Grade Card.

Price above SMA 150 & 200 $59.40 vs SMA150 $61.66 / SMA200 $58.71
SMA 150 above SMA 200 SMA150 $61.66 vs SMA200 $58.71
SMA 200 trending up Slope +1.53 over 20 days
SMA 50 above SMA 150 & 200 SMA50 $60.33
Price above SMA 50 $59.40 vs SMA50 $60.33
30%+ above 52-week low +35.2% from $43.92
Within 25% of 52-week high -15.6% from $70.41
RS score above 70 RS 42

Fundamentals

52W Range
58%
Mkt Cap SEC
63.2B
EPS QoQ
+10%
Rev YoY
-0%
ROE
16%
Gross Margin
24%
D/E
0.32
EPS TTM
$2.98
P/E TTM
19.9x
Float
993M

Company

Company profile
Baker Hughes Company
BKR · NASDAQ · Industrial Services · Contract Drilling

Weekly Context

Multi-timeframe signals from weekly bars
W. Trend
7/8
W. RS
72
W. Support
$52.27
W. Resist
$70.41
Weekly Structure

Scan History

Sep 08: 64 (Trend Only)Sep 08: 65 (Trend Only)Sep 09: 67 (Trend Only)Sep 09: 67 (Trend Only)Sep 09: 68 (Trend Only)Sep 10: 68 (Trend Only)68
Sep 10
Trend Only ✓ Gate
68
Sep 09
Trend Only ✓ Gate
68 -6.7%
Sep 09
Trend Only ✓ Gate
67 -6.7%
Sep 09
Trend Only ✓ Gate
67 -6.7%
Sep 08
Trend Only ✓ Gate
65 -7.1%
Sep 08
Trend Only ✓ Gate
64 -7.1%

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