The best indicator for Baker Hughes (BKR)
We backtested 382 indicators across daily, weekly and hourly charts on real Baker Hughes (BKR) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Where Baker Hughes (BKR) stands
Computed from our own daily OHLCV history, not quoted from a third party. Moving averages use closing prices; "52-week" is the last 252 trading sessions.
Connors RSI
On the daily chart, this is the strongest risk-adjusted edge we found for Baker Hughes (BKR) over ~39.2 years — beating buy-and-hold by 3.3% CAGR.
Baker Hughes (BKR) on the daily chart
The timeframe our backtest found best for this asset. The chart is live market data; the results above are hypothetical and historical.
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Best multi-indicator combo
Going long only when all 2 agree was the strongest confluence setup we found for Baker Hughes (BKR) — trailing buy-and-hold by 5.0% CAGR, out-of-sample. Fewer, higher-conviction trades than any single indicator.
The winner on each chart
Every indicator, ranked
Ranked by Sharpe (risk-adjusted return). Hypothetical, fees included.
| # | Indicator | TF | CAGR | Sharpe | Max DD | Win | Trades | vs B&H |
|---|---|---|---|---|---|---|---|---|
| 1 | Connors RSI ✓ | Daily | 9.4% | 0.47 | -60.4% | 65.3% | 495 | 3.3% |
| 2 | FRAMA 10/30 Cross ✓ | Weekly | 9.0% | 0.46 | -55.5% | 55.1% | 156 | 2.9% |
| 3 | Murrey Math Lines ✓ | Weekly | 7.9% | 0.43 | -60.1% | 65.2% | 23 | 1.8% |
| 4 | Connors RSI-2 ✓ | Daily | 7.2% | 0.41 | -67.9% | 63.8% | 483 | 1.2% |
| 5 | SMC: Fair Value Gap ✓ | Weekly | 7.0% | 0.39 | -57.2% | 50.6% | 79 | 0.8% |
| 6 | WaveTrend (8/6/4) ✓ | Weekly | 5.9% | 0.35 | -65.9% | 74.2% | 31 | -0.2% |
| 7 | Accelerator Oscillator ✓ | Weekly | 5.5% | 0.34 | -55.2% | 45.9% | 122 | -0.7% |
| 8 | WMA 10/40 Cross ✓ | Weekly | 5.6% | 0.34 | -61.4% | 45.9% | 37 | -0.5% |
| 9 | DeMarker (7) ✓ | Weekly | 5.6% | 0.34 | -64.3% | 46.1% | 152 | -0.6% |
| 10 | PMax ✓ | Daily | 5.6% | 0.34 | -53.7% | 48.3% | 58 | -0.4% |
| 11 | Projection Bands | Daily | 5.4% | 0.33 | -76.4% | 65.5% | 362 | -0.7% |
| 12 | Stochastic RSI ✓ | Weekly | 5.3% | 0.33 | -44.2% | 69.6% | 56 | -0.8% |
| 13 | MACD-V ✓ | Weekly | 5.2% | 0.33 | -61.2% | 46.9% | 81 | -0.9% |
| 14 | T3 8/21 Cross ✓ | Weekly | 5.2% | 0.33 | -65.7% | 52.5% | 40 | -0.9% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
What it would take to beat buy & hold on Baker Hughes (BKR)
154 of 707 tested setups beat buy-and-hold on Baker Hughes (BKR) outright. Another 131 could get there with leverage they would survive — but 180 would be liquidated by their own drawdown before they caught it.
| Indicator | Beats B&H unlevered | Leverage needed | Leverage survived |
|---|---|---|---|
| MACD | 2 | none needed | 1.85× |
| Momentum | 2 | none needed | 1.9× |
| MAMA / FAMA | 2 | none needed | 3.02× |
| Zero-Lag MACD | 2 | none needed | 1.55× |
| TRIX (9) | 2 | none needed | 1.94× |
| ROC (10) | 2 | none needed | 1.9× |
Out-of-sample, costs included. A setup is only listed if the leverage it needs is less than the leverage its own worst drawdown survives — when it isn't, no amount of leverage gets there. Volatility drag isn't modelled, so these are the optimistic case. Every indicator, ranked this way
For Baker Hughes (BKR), Connors RSI on the daily timeframe gave the best balance of return and risk in our test. It beat buy-and-hold — but remember: this is a hypothetical backtest of a standard rule, not a recommendation. Markets change. See the methodology and disclaimer.
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