Stock Price Prediction

BAK stock is currently trading near its 52-week low of $4.68, with a recent close at $4.82. The stock is oversold with an RSI of 24.38, indicating potential for a rebound. Additionally, governance improvements and a "Buy" technical sentiment suggest a bullish outlook, with a short-term target of $7.70 based on UBS's upgrade.

BAK stock is bearish, closing at $4.64 on January 31, 2025, down 2.52% in regular trading. The stock has declined 54.54% year-to-date, reflecting weak fundamentals and market sentiment. Oversold conditions (RSI 24.38) suggest potential short-term technical rebounds, but the broader trend remains negative.

The market consensus for BAK's revenue in the upcoming quarter is projected to be approximately $23.269B BRL.