BECTON DICKINSON AND CO (BDX) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BDX - US0758871091 - Common Stock
Taking everything into account, BDX scores 5 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, BDX is a bad performer.
Although the technical rating is only medium, BDX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 195.50. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 193.93, a Stop Loss order could be placed below this zone.
More info and screens
165.54
3 important support areas can be observed.
- A support zone ranging from 189.58 to 193.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 176.38 to 181.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @167.21 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 195.50 to 200.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @207.09 from a horizontal line in the daily time frame.
- Resistance @240.63 from a horizontal 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 | UP | POSITIVE | The long term trend for BDX is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BDX is neutral. |
| ChartMill Relative Strength | 27.37 | NEGATIVE | BDX has a low relative strength, it was outperformed by 72.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BDX is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BDX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BDX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.66 | NEUTRAL | The RSI value for BDX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.51 | NEGATIVE | The MACD value suggests BDX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.38 | NEUTRAL | The Stochastics value for BDX is a neutral value. |
| Average True Range in percent/ATR (20) | 1.67 | LOW VOLATILITY | The low ATR as a percentage value for BDX suggests low volalility. |
| Average Directional Index/ADX (14) | 11.54 | NEGATIVE | The low ADX value for BDX suggests a weak or negative trend. |
194.94
+0.87 (+0.45%)
BECTON DICKINSON AND CO / BDX FAQ
Can you provide the ChartMill technical rating for BECTON DICKINSON AND CO?
ChartMill assigns a technical rating of 5 / 10 to BDX.
What is the trend direction for BDX stock?
The current trend direction for BECTON DICKINSON AND CO (BDX) is Bullish.
What is the RSI signal for BECTON DICKINSON AND CO (BDX) stock?
BECTON DICKINSON AND CO (BDX) has an RSI value of 51.6552. This indicates that the stock is currently neutral.
Can you provide the short term momentum for BECTON DICKINSON AND CO?
The short term momentum for BECTON DICKINSON AND CO (BDX) is neutral.
What are the support and resistance levels for BECTON DICKINSON AND CO (BDX) stock?
BECTON DICKINSON AND CO (BDX) has a support level at 193.93 and a resistance level at 195.5. Check the full technical report for our detailed analysis of BDX support and resistance levels.