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Archive
- 11/22/2024 -
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Baxter International Inc. (BAX) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
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| | It was a first positive week after 4 consecutive negative weeks for the Baxter International Inc. (BAX). During the week, the BAX gained 1.16 points, or 3.63%, and closed at 33.14 on Friday, November 22, 2024. It was the best weekly gain since August 23, 2024. Weekly volume was 11% above average.
BAX is a member of Health Care Sector. Health Care 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 BAX long-term trend chart]
A long-term downtrend had started on March 8, 2024 at 44.01 and reached 31.60 on November 15, 2024. BAX lost 12.41 points, or 28.20%, in 36 weeks. The price is now at the 12.41% retracement level.
Medium-term trend: [See BAX medium-term trend chart]
A medium-term downtrend had started on September 17, 2024 at 40.49 and reached 31.60 on November 15, 2024. BAX lost 8.89 points, or 21.96%, in 8 weeks. The price is now at the 17.32% retracement level.
 Weekly Technical Indicators: [See BAX weekly technical indicators chart]
Weekly Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range and 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 links to access Lane's Stochastic and Williams' Percentage Range help.
The weekly MACD line is below its signal line since November 1, 2024. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.
 Short-term trend: [See BAX short-term trend chart]
A short-term uptrend had started on November 15, 2024 at 31.60 and reached 33.22 on November 18, 2024. BAX gained -1.62 points, or -5.13%, in 3 days. Price is near the trend high.
 Daily Technical Indicators: [See BAX daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal.
The daily MACD line is below its signal line since November 7, 2024. The distance between MACD and the signal line is low and getting smaller.
A Parabolic SAR (stop and reversal) indicator (33.23) comes close to the price (33.14). It indicates that the trend is getting weaker. 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.
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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 |
1 |
| Industry |
Health Care Equipment |
37 |
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| Daily Trend |
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Low |
31.60 |
| Low Date |
11/15/2024 |
| High |
33.22 |
| High Date |
11/18/2024 |
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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 |
38.28 |
| High Date |
10/09/2024 |
| Low |
31.60 |
| Low Date |
11/15/2024 |
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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 |
40.49 |
| High Date |
09/17/2024 |
| Low |
31.60 |
| Low Date |
11/15/2024 |
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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 |
44.01 |
| High Date |
03/08/2024 |
| Low |
31.60 |
| Low Date |
11/15/2024 |
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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 |
95.19 |
| High Date |
04/20/2020 |
| Low |
31.01 |
| Low Date |
10/16/2023 |
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