BECTON DICKINSON AND CO (BDX) Stock Technical Analysis
NYSE:BDX - New York Stock Exchange, Inc. - US0758871091 - Common Stock - Currency: USD
Overall BDX gets a technical rating of 1 out of 10. BDX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, BDX is a bad performer in the overall market: 90% of all stocks are doing better.
BDX is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 67% of 187 stocks in the same industry do better.
BDX 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 BDX has a been trading in the 167.50 - 179.12 range, which is quite wide. It is currently trading near the high of this range.
BDX has an average volume of 3190860 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of BDX 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
163.49
246.27
When analyzing the support we can see 2 important areas.
- A support zone ranging from 176.74 to 177.05. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 165.14 to 171.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 177.68 to 177.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @225.48 from a horizontal line in the daily time frame.
- Resistance @237.68 from a trend line in the weekly time frame.
- A resistance zone ranging from 243.75 to 243.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for BDX is neutral. |
| ChartMill Relative Strength | 10.75 | NEGATIVE | BDX has a low relative strength, it was outperformed by 89.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BDX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BDX is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BDX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.62 | NEUTRAL | The RSI value for BDX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.07 | POSITIVE | The MACD value suggests BDX has a positive trend. |
| Stochastics (14,3) | 59.79 | NEUTRAL | The Stochastics value for BDX is a neutral value. |
| Average True Range in percent/ATR (20) | 1.7 | LOW VOLATILITY | The low ATR as a percentage value for BDX suggests low volalility. |
| Average Directional Index/ADX (14) | 18.29 | NEGATIVE | The low ADX value for BDX suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
177.67
+5.42 (+3.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg3.15%
1 Week3.56%
2 Weeks3.24%
1 Month4.88%
3 Month-14.31%
6 Month-22.23%
12 Month-21.99%
2 Year-36.23%
3 Year-27.28%
5 Year-36.85%
10 Year16.77%
15 Year158.24%
Volatility
ATR(14)3.13
ATR(20)%1.7%
ATR Inc86.88%
Range Today7.8
ADR(20)2.99
ADR(20)%1.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.75
Mansfield-2.43
10 Day High179.12
10 Day Low167.5
20 Day High179.12
20 Day Low167.5
52 Week High251.99
52 Week Low163.33
CS1 End170.43
CR1 Start171.32
Volume & EV
DER(3)2.82%
DER(5)2.64%
Volume3.22M
Volume Incr0.21%
Vol(5)2.76M
Vol(50)3.19M