Baker Hughes's most recent trend suggests a bullish bias. One trading opportunity on Baker Hughes is a Bull Put Spread using a strike $60.00 short put and a strike $55.00 long put offers a potential 10.62% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $60.00 by expiration. The full premium credit of $0.48 would be kept by the premium seller. The risk of $4.52 would be incurred if the stock dropped below the $55.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Baker Hughes is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Baker Hughes is bullish.
The RSI indicator is at 72.66 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Baker Hughes
The frackers have won: WSJ's Greg Zuckerman
Wed, 26 Feb 2014 14:49:16 GMT
The Daily Ticker – http://d.yimg.com/hd/yahoofinance/lotus/097eb88c-46aa-43aa-b9b4-53db59726ef9_21zry88gQFgq1_1_0.jpg?s=b172c85df095814172810187535cdcde&c=7d44fcb0cfdcea27ab910e0040996491&a=yahoofinance&mr=0
Baker Hughes and WellDog Collaborate to Launch New Aquifer Monitoring Systems
Wed, 26 Feb 2014 00:06:00 GMT
Business Wire – BRISBANE, Queensland–(BUSINESSWIRE)– WellDog announced today that it has partnered with Baker Hughes once again to produce a new permanent multi-zone AquaTracker™ pressure sensor system suitable for monitoring aquifer water levels. As the leading downhole gauge provider in Queensland, WellDog has applied its expertise to ensure these monitoring systems are compliant with the Queensland Water Act of 2010. The Company is installing multi-zone completions, configured to specification for coal seam gas customers in eastern Australia. Both WellDog and Baker Hughes are building stock levels at WellDog’s facility in Roma to locally support customers of the new product.
S&P 500 misses record; Dow ends with triple-digit gains; Verizon drops late (stock market live blog recap)
Mon, 24 Feb 2014 22:03:00 GMT
Baker Hughes, Halliburton Up On Long-Term Natgas View
Mon, 24 Feb 2014 19:45:00 GMT
Analysts differ on Halliburton amid natural gas surge
Mon, 24 Feb 2014 17:09:26 GMT
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