BECTON DICKINSON AND CO (BDX) Stock Technical Analysis
NYSE:BDX • US0758871091
Overall BDX gets a technical rating of 0 out of 10. BDX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, BDX is a bad performer in the overall market: 80% of all stocks are doing better.
- BDX has an average volume of 2378710 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 185 other stocks in this industry, BDX did better than 54% 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 164.41 - 213.08 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BDX 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
163.49
We found 2 important support areas.
- A support zone ranging from 175.33 to 177.05. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 165.14 to 169.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 193.10 to 193.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 207.89 to 210.03. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The long term trend for BDX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BDX is down. |
| ChartMill Relative Strength | 20.91 | NEGATIVE | BDX has a low relative strength, it was outperformed by 79.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BDX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BDX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of BDX is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.96 | NEUTRAL | The RSI value for BDX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.23 | NEGATIVE | The MACD value suggests BDX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 40.39 | NEUTRAL | The Stochastics value for BDX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.91 | MEDIUM VOLATILITY | The ATR as a percentage value for BDX suggests some volalility. |
| Average Directional Index/ADX (14) | 22.19 | NEUTRAL | The ADX value for BDX suggests a possible start of a new trend. |
184.34
-1.05 (-0.57%)
BECTON DICKINSON AND CO / BDX FAQ
Can you provide the ChartMill technical rating for BECTON DICKINSON AND CO?
ChartMill assigns a technical rating of 0 / 10 to BDX.
What is the trend direction for BDX stock?
The current trend direction for BECTON DICKINSON AND CO (BDX) is Bearish.
What is the RSI signal for BECTON DICKINSON AND CO (BDX) stock?
BECTON DICKINSON AND CO (BDX) has an RSI value of 41.9608. 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 negative.
What are the support and resistance levels for BECTON DICKINSON AND CO (BDX) stock?
BECTON DICKINSON AND CO (BDX) has a support level at 177.05 and a resistance level at 193.1. Check the full technical report for our detailed analysis of BDX support and resistance levels.