BAXTER INTERNATIONAL INC (BAX) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BAX - US0718131099 - Common Stock
19.89 USD
+0.39 (+2%)
19.95 USD
+0.06 (+0.3%)
Overall BAX gets a technical rating of 1 out of 10. BAX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
86% of all other stocks performed better in the past year than BAX.
BAX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month BAX has a been trading in the 17.92 - 20.34 range, which is quite wide. It is currently trading near the high of this range.
BAX has an average volume of 8541790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
BAX is part of the Health Care Equipment & Supplies industry. There are 185 other stocks in this industry, BAX did better than 41% of them.
BAX has a poor technical rating and the quality of the setup is also only medium 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
17.25
30.78
When analyzing the support we can see 3 important areas.
- A support zone ranging from 19.03 to 19.37. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 17.75 to 18.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @17.42 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 19.90 to 20.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @21.68 from a trend line in the daily time frame.
- Resistance @22.18 from a trend line in the weekly time frame.
- Resistance @24.45 from a horizontal line in the daily time frame.
- Resistance @30.48 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for BAX is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BAX is neutral. |
| ChartMill Relative Strength | 14.2 | NEGATIVE | BAX has a low relative strength, it was outperformed by 85.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BAX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BAX is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BAX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.08 | NEUTRAL | The RSI value for BAX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests BAX has a positive trend. |
| Stochastics (14,3) | 67.01 | NEUTRAL | The Stochastics value for BAX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.27 | MEDIUM VOLATILITY | The ATR as a percentage value for BAX suggests some volalility. |
| Average Directional Index/ADX (14) | 14.07 | NEGATIVE | The low ADX value for BAX suggests a weak or negative trend. |
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)
19.89
+0.39 (+2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg2%
1 Week2.63%
2 Weeks4.3%
1 Month7.63%
3 Month-9.38%
6 Month-30.7%
12 Month-32.39%
2 Year-48.59%
3 Year-56.47%
5 Year-74.11%
10 Year-45.66%
15 Year-24.53%
Volatility
ATR(14)0.45
ATR(20)%2.27%
ATR Inc58.67%
Range Today0.8
ADR(20)0.45
ADR(20)%2.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.2
3 months CRS21.34
6 months CRS10.57
Mansfield-3.36
10 Day High20.34
10 Day Low18.65
20 Day High20.34
20 Day Low17.92
52 Week High37.74
52 Week Low17.4
CS1 End19.37
CR1 Start19.9
Volume & EV
DER(3)-3.01%
DER(5)-1.46%
Volume12.22M
Volume Incr-14.96%
Vol(5)6.86M
Vol(50)8.54M
BAXTER INTERNATIONAL INC / BAX FAQ
What is the technical rating for BAX stock?
ChartMill assigns a technical rating of 1 / 10 to BAX.
Can you provide the trend direction for BAXTER INTERNATIONAL INC?
The current trend direction for BAXTER INTERNATIONAL INC (BAX) is Bearish.
What is the RSI signal for BAX stock?
BAXTER INTERNATIONAL INC (BAX) has an RSI value of 61.0777. This indicates that the stock is currently neutral.
What is the MACD signal for BAX stock?
The MACD indicator for BAXTER INTERNATIONAL INC (BAX) has a value of 0.111526, indicating a bearish trend.