BAXTER INTERNATIONAL INC (BAX) Technical Analysis
NYSE:BAX • US0718131099
Current stock price
BAX Technical Rating and Analysis
Taking everything into account, BAX scores 2 out of 10 in our technical rating. 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.
- 88% 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. 61% of 187 stocks in the same industry do better.
- 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 15.73 - 19.19 range, which is quite wide. It is currently trading near the high of this range.
- BAX has an average volume of 9573890 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 Weekly and Daily overview Charts
BAX Setup Rating and Analysis
The technical rating of BAX is bad and it also does not present a quality setup 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
15.64
When analyzing the support we notice one important area.
- A support zone ranging from 15.80 to 15.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 18.71 to 18.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @19.85 from a trend line in the daily time frame.
- Resistance @21.24 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 | UP | POSITIVE | The short term trend for BAX is up. |
| ChartMill Relative Strength | 12.13 | NEGATIVE | BAX has a low relative strength, it was outperformed by 87.87% 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 | 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) | 56.4 | NEUTRAL | The RSI value for BAX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.26 | POSITIVE | The MACD value suggests BAX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.17 | NEUTRAL | The Stochastics value for BAX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.71 | MEDIUM VOLATILITY | The ATR as a percentage value for BAX suggests some volalility. |
| Average Directional Index/ADX (14) | 20.88 | NEUTRAL | The ADX value for BAX suggests a possible start of a new trend. |
BAX Chart- and CandleStick Pattern Analysis
BAX Technicals: Chart, Performance Metrics, Trend & Indicators
18.31
-0.18 (-0.97%)
BAXTER INTERNATIONAL INC / BAX TA FAQ
What is the technical rating for BAX stock?
ChartMill assigns a technical rating of 2 / 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 BAXTER INTERNATIONAL INC (BAX) stock?
BAXTER INTERNATIONAL INC (BAX) has an RSI value of 56.3957. This indicates that the stock is currently neutral.
Can you provide the short term momentum for BAXTER INTERNATIONAL INC?
The short term momentum for BAXTER INTERNATIONAL INC (BAX) is positive.
Can you provide the support and resistance levels for BAXTER INTERNATIONAL INC?
BAXTER INTERNATIONAL INC (BAX) has a support level at 15.97 and a resistance level at 18.71. Check the full technical report for our detailed analysis of BAX support and resistance levels.