BAXTER INTERNATIONAL INC (BAX) Stock Technical Analysis
NYSE:BAX - New York Stock Exchange, Inc. - US0718131099 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to BAX. In the last year, BAX was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month BAX has a been trading in the 29.89 - 36.64 range, which is quite wide. It is currently trading near the high of this range.
BAX has an average volume of 4775660 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, BAX turns out to be only a medium performer in the overall market: it outperformed 49% of all stocks.
BAX is part of the Health Care Equipment & Supplies industry. There are 189 other stocks in this industry, BAX did better than 68% of them.
BAX is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Although BAX has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
30.90
36.94
When analyzing the support we can see 3 important areas.
- A support zone ranging from 36.22 to 36.56. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @34.50 from a horizontal line in the daily time frame.
- Support @31.21 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.97
Mansfield0.01
10 Day High36.64
10 Day Low33.44
20 Day High36.64
20 Day Low29.89
52 Week High43.99
52 Week Low28.34
Performance
1 Week5.97%
2 Weeks8.13%
1 Month18.7%
3 Month15%
6 Month-6.13%
12 Month-16.45%
2 Year-9.84%
3 Year-52.84%
5 Year-54.96%
10 Year-1.77%
15 Year15.62%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.23
RSI(14)72.29
LBB31.26
UBB37.6
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 36.65 | 36.21 | 0.44 (1.20%) | 25.00% |
| An entry @36.65. This is a Buy Stop order right above the 10 day high. | An exit @36.21. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.44 points, which is 1.20%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.30%. |
- The distance between exit and entry is rather small compared to the average daily movement of BAX. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
36.57
+1.13 (+3.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg3.19%
1 Week5.97%
2 Weeks8.13%
1 Month18.7%
3 Month15%
6 Month-6.13%
12 Month-16.45%
2 Year-9.84%
3 Year-52.84%
5 Year-54.96%
10 Year-1.77%
15 Year15.62%
Volatility
ATR(14)1.12
ATR(20)%2.54%
ATR Inc13.7%
Range Today1.58
ADR(20)0.85
ADR(20)%2.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.97
Mansfield0.01
10 Day High36.64
10 Day Low33.44
20 Day High36.64
20 Day Low29.89
52 Week High43.99
52 Week Low28.34
CS1 End36.56
CR1 StartN/A
Volume & EV
DER(3)-1.09%
DER(5)-2.56%
Volume4.55M
Volume Incr-30.79%
Vol(5)3.79M
Vol(50)4.78M