BAXTER INTERNATIONAL INC (BAX) Technical Analysis
NYSE:BAX • US0718131099
Current stock price
BAX Technical Rating and Analysis
Taking everything into account, BAX scores 0 out of 10 in our technical rating. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 90% of all other stocks performed better in the past year than BAX.
- BAX is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 63% of 189 stocks in the same industry do better.
- BAX is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so BAX is lagging the market.
- In the last month BAX has a been trading in the 16.08 - 21.16 range, which is quite wide. It is currently trading near the lows of this range.
- BAX has an average volume of 10268700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
BAX Weekly and Daily overview Charts
BAX Setup Rating and Analysis
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
BAX Support and Resistance Analysis
16.95
3 important resistance areas can be observed.
- A resistance zone ranging from 17.13 to 17.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @20.59 from a trend line in the daily time frame.
- Resistance @21.65 from a trend line in the daily time frame.
BAX Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The short term trend for BAX is down. |
| ChartMill Relative Strength | 10.98 | NEGATIVE | BAX has a low relative strength, it was outperformed by 89.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BAX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BAX is below 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) | 40.44 | NEUTRAL | The RSI value for BAX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests BAX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 27.03 | NEUTRAL | The Stochastics value for BAX is a neutral value. |
| Average True Range in percent/ATR (20) | 4.84 | MEDIUM VOLATILITY | The ATR as a percentage value for BAX suggests some volalility. |
| Average Directional Index/ADX (14) | 32.88 | POSITIVE | The high ADX value value for BAX suggests a strong trend. |
BAX Chart- and CandleStick Pattern Analysis
BAX Technicals: Chart, Performance Metrics, Trend & Indicators
17.12
+0.4 (+2.39%)
BAXTER INTERNATIONAL INC / BAX TA FAQ
What is the technical rating for BAX stock?
ChartMill assigns a technical rating of 0 / 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 40.4433. 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 -0.0546417, indicating a bearish trend.
What is the buy/sell signal for BAXTER INTERNATIONAL INC (BAX) stock?
The buy/sell signal for BAXTER INTERNATIONAL INC (BAX) is sell as both the short term and long term trends are negative.