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Archive
- 4/19/2024 -
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Becton, Dickinson (BDX) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
Move cursor over the icon to see details.
| | It was the negative week for the Becton, Dickinson (BDX). During the week, the BDX gave back -1.05 points, or -0.45%, and closed at 234.12 on Friday, April 19, 2024. Weekly volume was -15% below average.
 Long-term trend: [See BDX long-term trend chart]
A long-term downtrend had started on February 5, 2020 at 286.72 and reached 197.75 on March 23, 2020. BDX lost 88.97 points, or 31.03%, in 6 weeks. The chart has formed a Symmetric Triangle chart pattern. The trend support level is at 226.58 and resistance is at 272.03. A Symmetric Triangle pattern represents the area of indecision, where the movement direction is questioned. Chart pattern analysis usually considers a symmetric triangle chart pattern as a continuation formation which resolves in the direction of larger trend, but it also may mark the trend reversal. Use the following link to access a Symmetric Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Symmetric Triangle pattern in a long-term trend.
 Medium-term trend: [See BDX medium-term trend chart]
A medium-term downtrend had started on January 9, 2024 at 249.89 and reached 229.40 on April 17, 2024. BDX lost 20.49 points, or 8.20%, in 14 weeks. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
 Weekly Technical Indicators: [See BDX weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is above its signal line since February 16, 2024. The distance between MACD and the signal line is low and getting smaller. Use the following link to access a MACD help.
Short-term trend: [See BDX short-term trend chart]
A short-term downtrend had started on March 28, 2024 at 248.42 and reached 229.40 on April 17, 2024. BDX lost 19.02 points, or 7.66%, in 20 days. Price is near the Fibonacci 23.6% retracement level.
 Daily Technical Indicators: [See BDX daily technical indicators chart]
Daily Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Lane's Stochastic. 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 daily MACD line is below its signal line since April 9, 2024. This is an indication that the short-term trend is down.
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| Daily Oscillators |
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| Weekly Oscillators |
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| Trading
Signals |
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| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Health Care |
3 |
| Industry |
Health Care Equipment |
51 |
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| Daily Trend |
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| High |
248.42 |
| High Date |
03/28/2024 |
| Low |
229.40 |
| Low Date |
04/17/2024 |
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| Weekly Trend |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
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| Resistance |
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| Support |
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| High |
249.89 |
| High Date |
01/09/2024 |
| Low |
229.40 |
| Low Date |
04/17/2024 |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
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| Resistance |
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| Support |
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| High |
287.32 |
| High Date |
07/24/2023 |
| Low |
229.40 |
| Low Date |
04/17/2024 |
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| Quarterly Trend |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
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| Resistance |
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| Support |
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| Low |
215.90 |
| Low Date |
10/13/2022 |
| High |
287.32 |
| High Date |
07/24/2023 |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Symmetric Triangle |
| Status |
Valid |
| Resistance |
272.03 |
| Support |
226.58 |
| High |
286.72 |
| High Date |
02/05/2020 |
| Low |
197.75 |
| Low Date |
03/23/2020 |
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