Baker Hughes Co

BKR is in a Stage 2 advancing regime, driven by a late-August momentum breakout and sustained higher highs and higher lows. Price is tightly tracking above rising 9EMA and 20EMA, with volume confirming demand. Short-term conditions favor participation now, and continuation on shallow pullbacks into the EMA zone is warranted.

• ↑$7.1B in Industrial & Energy Technology orders, +49% YoY backlog growth
• ↑Q2 revenue $6.78B (+7% YoY) and adjusted EBITDA $1.23B (+7% YoY) at 18.3% margin
• ↓Negative earnings yield and low book-to-price suggest overvaluation risk