BECTON DICKINSON AND CO (BDX) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:BDX • US0758871091
Taking everything into account, BDX scores 6 out of 10 in our technical rating. Although BDX is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- 72% of all other stocks performed better in the past year than BDX.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- BDX has an average volume of 1878630 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- BDX is part of the Health Care Equipment & Supplies industry. There are 184 other stocks in this industry, BDX did better than 61% of them.
- BDX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BDX is lagging the market.
- In the last month BDX has a been trading in the 192.48 - 209.27 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BDX has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. 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
173.58
We found 4 important support areas.
- Support @193.93 from a horizontal line in the daily time frame.
- Support @189.58 from a horizontal line in the daily time frame.
- A support zone ranging from 181.44 to 182.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 175.33 to 177.83. 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 202.91 to 208.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @240.63 from a horizontal line in the weekly time frame.
- Resistance @247.45 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 | 28.92 | NEGATIVE | BDX has a low relative strength, it was outperformed by 71.08% 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) | 49.65 | NEUTRAL | The RSI value for BDX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.73 | NEGATIVE | The MACD value suggests BDX has a negative trend. |
| Stochastics (14,3) | 47.7 | NEUTRAL | The Stochastics value for BDX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.4 | MEDIUM VOLATILITY | The ATR as a percentage value for BDX suggests some volalility. |
| Average Directional Index/ADX (14) | 18.99 | NEGATIVE | The low ADX value for BDX suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 204.28 | 195.62 | 8.66 (4.24%) | 23.59% |
| An entry @204.28. This is a Buy Stop order right above the 10 day moving average. | An exit @195.62. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 8.66 points, which is 4.24%. | For a 1.00% total portfolio risk, you can invest 23.59% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
201.09
-0.83 (-0.41%)
BECTON DICKINSON AND CO / BDX FAQ
Can you provide the ChartMill technical rating for BECTON DICKINSON AND CO?
ChartMill assigns a technical rating of 6 / 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 49.6525. 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 202.91. Check the full technical report for our detailed analysis of BDX support and resistance levels.