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 2 out of 10 to BAX. Recently some decent action could be observed, but in the medium term time frame this is still negative. BAX was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, BAX is a bad performer in the overall market: 70% of all stocks are doing better.
BAX has an average volume of 4593280 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
BAX is an average performer in the Health Care Equipment & Supplies industry, it outperforms 65% of 189 stocks in the same industry.
BAX is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BAX is lagging the market slightly.
In the last month BAX has a been trading in the 29.17 - 32.68 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, BAX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 31.37, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BAX in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
27.52
36.47
We found 3 important support areas.
- A support zone ranging from 30.82 to 31.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @28.63 from a horizontal line in the daily time frame.
- A support zone ranging from 27.80 to 27.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 31.66 to 31.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 34.63 to 34.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @36.11 from a horizontal 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
CRS30.78
Mansfield-1.03
10 Day High32.68
10 Day Low29.86
20 Day High32.68
20 Day Low29.17
52 Week High40.49
52 Week Low26.25
Performance
1 Week1%
2 Weeks5.11%
1 Month9.92%
3 Month-6.98%
6 Month-5.27%
12 Month-7.2%
2 Year-22.74%
3 Year-58.63%
5 Year-65.05%
10 Year-13.1%
15 Year37.07%
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)0.16
RSI(14)54.01
LBB29.91
UBB32.02
31.46
-0.01 (-0.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-0.03%
1 Week1%
2 Weeks5.11%
1 Month9.92%
3 Month-6.98%
6 Month-5.27%
12 Month-7.2%
2 Year-22.74%
3 Year-58.63%
5 Year-65.05%
10 Year-13.1%
15 Year37.07%
Volatility
ATR(14)1.01
ATR(20)%3.13%
ATR Inc-53.55%
Range Today0.36
ADR(20)0.9
ADR(20)%2.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.78
Mansfield-1.03
10 Day High32.68
10 Day Low29.86
20 Day High32.68
20 Day Low29.17
52 Week High40.49
52 Week Low26.25
CS1 End31.37
CR1 Start31.66
Volume & EV
DER(3)4.7%
DER(5)2.95%
Volume2.00M
Volume Incr-36.7%
Vol(5)2.86M
Vol(50)4.59M