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Health Care Equipment Industry Stocks Technical Analysis - BDXArchive - 11/8/2024 - Sign In to see current Signals. |
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 dropped -3.60 points, or -1.53%, and closed at 231.60 on Friday, November 8, 2024. Weekly volume was 90% above average. BDX is a member of Health Care Sector. Health Care is the second 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 downtrend had started on July 24, 2023 at 287.32 and reached 218.75 on July 10, 2024. BDX lost 68.57 points, or 23.87%, in 50 weeks. The price is now at the 18.74% retracement level. Medium-term trend: [See BDX medium-term trend chart] A medium-term uptrend had started on July 10, 2024 at 218.75 and reached 244.98 on September 3, 2024. BDX gained -26.23 points, or -11.99%, in 7 weeks. The price is now at the 51.01% retracement 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 July 19, 2024. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. 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 October 15, 2024 at 244.50 and reached 226.30 on November 8, 2024. BDX lost 18.20 points, or 7.44%, in 24 days. The price is now at the 29.12% retracement level. Daily Technical Indicators: [See BDX daily technical indicators chart] Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish 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 links to access Lane's Stochastic and Williams' Percentage Range help. The daily MACD line is below its signal line since October 23, 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 |
2 |
Industry |
Health Care Equipment |
33 |
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Daily Trend |
Description |
Value |
Direction |
Down |
Chart Pattern |
DownTrend |
High |
244.30 |
High Date |
11/06/2024 |
Low |
226.30 |
Low Date |
11/08/2024 |
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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 |
244.50 |
High Date |
10/15/2024 |
Low |
226.30 |
Low Date |
11/08/2024 |
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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 |
218.75 |
Low Date |
07/10/2024 |
High |
244.98 |
High Date |
09/03/2024 |
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Quarterly 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 |
287.32 |
High Date |
07/24/2023 |
Low |
218.75 |
Low Date |
07/10/2024 |
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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 |
286.72 |
High Date |
02/05/2020 |
Low |
197.75 |
Low Date |
03/23/2020 |
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