The Greedy Trader Weekly Analysis
Sign In Dec 15, 2017
Skip Navigation Links
   Home
   AnalysisExpand    Analysis
   AlertsExpand    Alerts
   IndustriesExpand    Industries
   Stock PickExpand    Stock Pick
   MembersExpand    Members
   ResourcesExpand    Resources
   About UsExpand    About Us
Number of records: 0
Symbol:  

• Symbol Lookup
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals
Becton, Dickinson
Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Lane's Stochastic is overboughtStochastic has declined below the signal lineOversold sectorBroken trend resistance lineBroken trend resistance line
Daily :Stochastic signal line moved below overbought areaThe price has fallen below the Parabolic SARWilliams' Percentage Range oversoldLane's Stochastic is strongly oversoldBroken trend support lineThe price has declined below the moving average in the center of the Bollinger Bands
Move cursor over the icon to see details.

It was the negative week for the Becton, Dickinson (BDX). During the week, the BDX dropped -6.65 points, or -2.94%, and closed at 219.68 on Friday, December 08, 2017. It was the worst weekly loss since September 15, 2017. BDX was trading at average weekly trading volume.

BDX is a member of Healthcare Sector. Healthcare is the most oversold sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

Long-term trend: [See BDX long-term trend chart]
A long-term uptrend had started on October 4, 2011 at 69.59 and reached 229.68 on December 1, 2017. BDX gained -160.09 points, or -230.05%, in 321 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (185.60) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.

Medium-term trend: [See BDX medium-term trend chart]
A medium-term uptrend had started on June 4, 2012 at 71.56 and reached 229.68 on December 1, 2017. BDX gained -158.12 points, or -220.96%, in 286 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (196.85) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.

Weekly Technical Indicators: [See BDX weekly technical indicators chart]
Weekly Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic. During the last week, weekly Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help.

The weekly MACD line is above its signal line since October 20, 2017. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current medium-term uptrend is still strong, and momentum is beginning to wane. Use the following link to access a MACD help.

Short-term trend: [See BDX short-term trend chart]
A short-term uptrend had started on September 21, 2017 at 191.53 and reached 229.68 on December 1, 2017. BDX gained -38.15 points, or -19.92%, in 71 days. The chart has formed a Rising Wedge chart pattern. The uptrend support line (230.13) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. BDX may retest the broken support line. It is considered to be a resistance line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a short-term trend.

Daily Technical Indicators: [See BDX daily technical indicators chart]
Daily Williams' Percentage Range is oversold while Lane's Stochastic is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold daily Williams' Percentage Range or strongly oversold daily Lane's Stochastic. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal. Use the following link to access Williams' Percentage Range help.

The daily MACD line is below its signal line since November 14, 2017. The distance between MACD and the signal line is relatively high and getting bigger.

During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

During the last week, the price has declined below the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 48.87
Williams' Percentage Range (W%R) 86.90
Oversold
Lane's Stochastic (%D-Slow) 8.50
Strong Oversold
Greed/Fear Indicator (GFI) 23.50
Moving Average Converg./Diverg. (MACD) 3.03
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 64.89
Williams' Percentage Range (W%R) 29.10
Lane's Stochastic (%D-Slow) 86.97
Overbought
Greed/Fear Indicator (GFI) 72.72
Moving Average Converg./Diverg. (MACD) 6.72
Trading Signals
Description Value Chart
Weekly Trendline Resistance 230.92
Weekly Trendline Support 230.13
Upper Bollinger Band 227.68
Parabolic System 226.94
Weekly Stochastic Crossing 225.00
20 Day Moving Average 222.39
Price 219.68
Daily Stochastic Crossing 218.22
Lower Bollinger Band 213.85
50 Day Moving Average 213.27
Quarterly Trendline Support 196.85
Yearly Trendline Resistance 195.29
Quarterly Trendline Resistance 195.24
Yearly Trendline Support 185.60
Sector and Industry
Description Name Rank
Sector Healthcare 1
Industry Medical Instruments/Supls 79
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 229.68
High Date 12/01/2017
Low 216.88
Low Date 12/07/2017
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Support
Resistance 230.92
Support 230.13
Low 191.53
Low Date 09/21/2017
High 229.68
High Date 12/01/2017
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 161.29
Low Date 12/07/2016
High 229.68
High Date 12/01/2017
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 195.24
Support 196.85
Low 71.56
Low Date 06/04/2012
High 229.68
High Date 12/01/2017
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 195.29
Support 185.60
Low 69.59
Low Date 10/04/2011
High 229.68
High Date 12/01/2017
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.

Copyright© 2004-2016 All rights reserved.