Baker Hughes(BKR)

Baker Hughes (BKR) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for BKR · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$56.60last close · Jul 22, 202652-week range $39.62$70.41 · 19.61% below the high

BKR Bullish Pennant Pattern

BKR is currently forming a bullish pennant on the daily timeframe. Detected Jul 22, 2026.

A bullish pennant is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $77.34 (+24.5%). Across 3,749 backtested bullish pennants, the setup followed through 57.3% of the time, averaging +0.82R; BKR's own bullish pennants have hit 20.0%.

DirectionBullishTarget$77.34Projected move+24.5%Breakout level$64.17

New to this pattern? What a bullish pennant is and how to trade it →

BKR's Most Recent Bullish Pennant Trade

BKR's most recent completed bullish pennant resolved as a loss: it broke higher on Apr 23, 2026 near $64.53, then was stopped out at $58.41 on Jun 18, 2026 — a 9.5% move (-1.00R) over 39 sessions. Across 28 backtested bullish pennants, this setup wins 46.4% of the time.

OutcomeLossResult-9.5%R-1.00REntry$64.53Exit$58.41

Learn about bullish pennant

How Bullish Pennants Have Performed

Win rate
57.3%
Avg return
+0.82R
Backtested trades
3,749
BKR win rate
20.0%

Historical pattern statistics (1987-02-04 – 2026-06-30), not a prediction.

How these backtests work →

BKR Pattern Trade History

Every completed pattern trade our nightly backtest found on BKR's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Bullish PennantApr 23, 2026 @ $64.53Jun 18, 2026 @ $58.41Loss+24.5% · -1.00R
TriangleNov 24, 2025 @ $49.53Dec 12, 2025 @ $46.86Loss+11.5% · -1.01R
TriangleJul 16, 2025 @ $38.90Jul 23, 2025 @ $44.68Loss+6.1% · -5.16R
Rising WedgeJul 14, 2025 @ $40.54Aug 1, 2025 @ $43.51Win+6.6% · +1.37R
TriangleJun 6, 2025 @ $37.85Aug 1, 2025 @ $43.51Win+13.8% · +2.80R
Falling WedgeSep 13, 2024 @ $33.62Oct 15, 2024 @ $36.32Win+12.8% · +1.96R
Rising WedgeJul 26, 2024 @ $37.27Aug 5, 2024 @ $34.51Loss+10.8% · -1.12R
TriangleJun 4, 2024 @ $31.88Jun 24, 2024 @ $34.41Loss+5.6% · -1.53R
TriangleJun 2, 2023 @ $29.31Jul 27, 2023 @ $34.66Win+14.7% · +2.28R
TriangleJan 3, 2023 @ $28.86Jan 6, 2023 @ $29.96Loss+9.6% · -1.21R
Bullish PennantDec 13, 2022 @ $29.04Feb 15, 2023 @ $32.15Win+17.8% · +1.58R
Falling WedgeDec 2, 2021 @ $24.02Jan 19, 2022 @ $26.29Win+12.9% · +1.32R

Bullish Pennant Examples on Other Charts

Historical examples from the published simulation. This selection is not a win-rate sample.

Learn about bullish pennant

BKR Support and Resistance Levels

Price is bouncing off a floor near $55.21 and starting to climb. On the weekly chart, the next ceiling overhead sits near $88.55 — about 56% away.

  • Traders commonly watch $88.55 as a target (its 200% extension) — think of it as a sensible next stop, not a guarantee.
  • That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $55.21 floor just now, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

BKR Recent Daily Prices

DateOpenHighLowClose
Jul 22, 2026$56.91$57.63$56.32$56.60
Jul 21, 2026$55.75$56.93$54.42$56.38
Jul 20, 2026$56.24$56.24$55.05$55.15
Jul 17, 2026$56.66$56.76$55.56$55.95
Jul 16, 2026$57.05$57.50$56.32$56.54
Jul 15, 2026$57.75$58.07$55.95$57.25
Jul 14, 2026$58.49$58.85$57.02$57.78
Jul 13, 2026$58.10$59.13$57.50$57.66
Jul 10, 2026$57.20$57.84$57.15$57.56
Jul 9, 2026$57.67$57.80$56.79$57.20

BKR Frequently Asked Questions

What chart pattern is BKR forming right now?
As of Jul 22, 2026, TradingPal's detector identifies a bullish pennant on Baker Hughes (BKR) on the daily chart, with a measured-move target of $77.34.
Is a bullish pennant bullish or bearish?
The bullish pennant detected on BKR is a bullish pattern, projecting a measured-move target of $77.34. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a bullish pennant pattern, and what is its win rate?
Across TradingPal's backtest of the bullish pennant family (3,749 trades over 628 symbols), it resolved in the expected direction 57.3% of the time with an average of +0.82R. These are historical statistics, not a prediction.
What is the price target if BKR's pattern breaks out?
The detected bullish pennant has a geometry-based measured-move target of $77.34 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was BKR's closing price on Jul 22, 2026?
Baker Hughes (BKR) last closed at $56.60 on Jul 22, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.