The Greedy Trader Weekly Analysis
Sign In Jan 18, 2019
Skip Navigation Links
   Home
   AnalysisExpand    Analysis
   AlertsExpand    Alerts
   Stock PickExpand    Stock Pick
   MembersExpand    Members
   ResourcesExpand    Resources
   About UsExpand    About Us
Number of records: 1
Symbol:  

• Symbol Lookup
• Add to Watch List
• Candlestick Patterns
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals
Becton, Dickinson
Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Overbought sector
Daily :Lane's Stochastic is overboughtDaily  MACD line has moved above its signal lineThe price has risen above the Parabolic SARThe price moved above the moving average in the center of the Bollinger Bands
Move cursor over the icon to see details.

It was a first positive week for the Becton, Dickinson (BDX). During the week, the BDX gained 11.88 points, or 5.47%, and closed at 228.87 on Friday, January 11, 2019. BDX was trading at average weekly trading volume.

BDX is a member of Healthcare Sector. Healthcare is the most overbought 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 June 4, 2012 at 71.56 and reached 265.87 on October 1, 2018. BDX gained -194.31 points, or -271.53%, in 330 weeks. The price is now at the 19.04% retracement level.

Medium-term trend: [See BDX medium-term trend chart]
A medium-term downtrend had started on October 1, 2018 at 265.87 and reached 208.62 on December 26, 2018. BDX lost 57.25 points, or 21.53%, in 12 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 203.16 and resistance is at 250.23. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a medium-term trend.

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

The weekly MACD line is below its signal line since October 5, 2018. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current medium-term downtrend 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 December 26, 2018 at 208.62 and reached 229.69 on January 10, 2019. BDX gained -21.07 points, or -10.10%, in 15 days. Price is near the trend high.

Daily Technical Indicators: [See BDX daily technical indicators chart]
Daily Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily 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.

During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.

During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward 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 moved above 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) 60.08
Williams' Percentage Range (W%R) 33.60
Lane's Stochastic (%D-Slow) 85.05
Overbought
Greed/Fear Indicator (GFI) 70.50
Moving Average Converg./Diverg. (MACD) -4.41
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 39.60
Williams' Percentage Range (W%R) 65.50
Lane's Stochastic (%D-Slow) 23.75
Greed/Fear Indicator (GFI) 35.28
Moving Average Converg./Diverg. (MACD) 0.05
Trading Signals
Description Value Chart
Monthly Trendline Resistance 250.23
Upper Bollinger Band 238.45
50 Day Moving Average 233.12
Price 228.87
Daily Stochastic Crossing 228.14
20 Day Moving Average 222.20
Weekly Stochastic Crossing 218.46
Lower Bollinger Band 212.04
Parabolic System 212.01
Monthly Trendline Support 203.16
Sector and Industry
Description Name Rank
Sector Healthcare 9
Industry Medical Instruments/Supls 133
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 210.72
Low Date 01/03/2019
High 229.69
High Date 01/10/2019
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 208.62
Low Date 12/26/2018
High 229.69
High Date 01/10/2019
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Valid
Resistance 250.23
Support 203.16
High 265.87
High Date 10/01/2018
Low 208.62
Low Date 12/26/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 71.56
Low Date 06/04/2012
High 265.87
High Date 10/01/2018
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 69.59
Low Date 10/04/2011
High 265.87
High Date 10/01/2018
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© 2004-2018 All rights reserved.