The Greedy Trader Weekly Analysis
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Weekly Pattern:Falling Wedge
Number of records: 6
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Chart Analysis and Chart Pattern Recognition – Falling Wedge Pattern.

A falling wedge pattern is a triangle formation with noticeable slant to the downside. It represents the loss of the downside momentum on each successive low and has a bullish bias. The falling wedges pattern usually marks a reversal in a downtrend. In an uptrend, the falling wedge pattern is considered as a continuation pattern. As with other triangle formations, volume usually diminishes as price rise and then increases during the breakout.
Falling Wedge Screening page presents a list of stocks forming Falling Wedge Pattern.
Tips:
# 1
To confirm the loss of the downside momentum at the reversal point, see bullish divergence on technical indicators.
# 2 For the best results, chart patterns should be considered together with other technical analysis signals and technical trading techniques.

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- 6/27/2025 -
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Baxter International Inc. (BAX) Technical Analysis

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Summary:
Weekly :Trend support at 30.49
Daily :Price is near the Fibonacci 38.2% retracement levelPrice is close to the 50 Day Moving Average
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It was a first positive week for the Baxter International Inc. (BAX). During the week, the BAX gained 0.40 points, or 1.33%, and closed at 30.39 on Friday, June 27, 2025. Weekly volume was -20% below average.

Long-term trend: [See BAX long-term trend chart]
A long-term downtrend had started on March 8, 2024 at 44.01 and reached 26.25 on April 9, 2025. BAX lost 17.76 points, or 40.35%, in 56 weeks. The chart has formed a Falling Channel chart pattern. The trend support level is at 24.67 and resistance is at 34.81. A Falling Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel pattern in a long-term trend.

Medium-term trend: [See BAX medium-term trend chart]
A medium-term uptrend had started on April 9, 2025 at 26.25 and reached 32.68 on May 12, 2025. BAX gained -6.43 points, or -24.50%, in 4 weeks. The chart has formed a Symmetric Triangle chart pattern. The price is near the trend support (30.49) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a medium-term trend.

Weekly Technical Indicators: [See BAX weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is above its signal line since June 6, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. Use the following link to access a MACD help.

Short-term trend: [See BAX short-term trend chart]
A short-term downtrend had started on June 11, 2025 at 32.04 and reached 29.32 on June 23, 2025. BAX lost 2.72 points, or 8.49%, in 12 days. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level.

Daily Technical Indicators: [See BAX daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is below its signal line since June 16, 2025. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.

Price is close to the 50 Day Moving Average. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 51.35
Williams' Percentage Range (W%R) 50.00
Lane's Stochastic (%D-Slow) 50.08
Greed/Fear Indicator (GFI) 50.49
Moving Average Converg./Diverg. (MACD) -0.07
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 39.88
Williams' Percentage Range (W%R) 62.10
Lane's Stochastic (%D-Slow) 54.20
Greed/Fear Indicator (GFI) 45.56
Moving Average Converg./Diverg. (MACD) -0.91
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 34.81
Weekly Trendline Resistance 31.70
Upper Bollinger Band 31.60
Weekly Stochastic Crossing 31.09
Parabolic System 30.72
Weekly Trendline Support 30.49
50 Day Moving Average 30.45
20 Day Moving Average 30.45
Price 30.39
Daily Stochastic Crossing 30.17
Lower Bollinger Band 29.38
Quarterly Trendline Support 24.67
Sector and Industry
Description Name Rank
Sector Health Care 3
Industry Health Care Equipment 57
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 32.04
High Date 06/11/2025
Low 29.32
Low Date 06/23/2025
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Symmetric Triangle
Status Test Support
Resistance 31.70
Support 30.49
Low 26.25
Low Date 04/09/2025
High 32.68
High Date 05/12/2025
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 37.74
High Date 03/10/2025
Low 26.25
Low Date 04/09/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Falling Channel
Status Valid
Resistance 34.81
Support 24.67
High 44.01
High Date 03/08/2024
Low 26.25
Low Date 04/09/2025
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 95.19
High Date 04/20/2020
Low 26.25
Low Date 04/09/2025
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.