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Braskem SA Class A (BAK) – sideways & breakout history

NYSE

Braskem SA Class A has been moving sideways between $6.26 and $14.51 since 24 Dec 2023.

Since 2020, NasdaqScan has found 3 sideways ranges in BAK. Completed ranges lasted 606 days on average, from 574 to 637 days. Of those 2, 1 broke upward and 1 broke downward. The current range is 132% wide from low to high. NasdaqScan detected one breakout pattern in Braskem SA Class A, on 17 Nov 2024 after 770 days of sideways movement.

Charts are only kept for recent breakouts, so there is no chart for this signal.

Sideways ranges

RangeFormedEndedHow it endedBreakout signals
$6.26 – $14.5124 Dec 2023Still sideways—17 Nov 2024 (Go ahead)
$16.63 – $26.9310 Apr 20227 Jan 2024 (637 days)Broke below the range at $9.17—
$3.86 – $18.6427 Sept 202024 Apr 2022 (574 days)Broke above the range at $19.84—

Breakout patterns detected

  • 17 Nov 2024: breakout from a sideways range after 770 days (Go ahead)

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Past patterns don't predict future price moves. This page shows what an automated algorithm detected and is not financial advice. Read the disclaimer.

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