The Greedy Trader Weekly Analysis
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Price vs. 50 Day Moving Average:Above
Price vs. 20 Day Moving Average:Below
Number of records: 10
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Moving Average Crossover - stock market timing alerts.
The moving average is one of the oldest analytical tools for stock market alerts. It shows the average value of the stock price over a period of time and is used to emphasize the direction of a trend. While price is below the moving average, it is considered as bearish behaviour in relation to the trend length being viewed. When price falls from the level above the moving average to the level below the moving average, it warns that the price trend being viewed may be weakening, and it presents stock market timing alerts. The moving average is a lagging indicator of the price trend. Moving average and stock price crossover is a stock trading signal. The basic interpretation is to buy when the stock price moves above its moving average and to sell when the price moves below its moving average. The length of the moving average should match the trend time frame. We use 20 day moving average crossover to identify weekly trend and 50 day moving average crossover for monthly trend stock market alerts.
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Baxter International Inc. (BAX)

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Summary:
Weekly :Broken trend support line
Daily :Daily  MACD line has moved above its signal lineThe price has risen above the Parabolic SARPrice is near the Fibonacci 23.6% retracement levelThe price is close to the moving average in the center of the Bollinger Bands
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It was the negative week for the Baxter International Inc. (BAX). During the week, the BAX gave back -0.20 points, or -0.25%, and closed at 79.26 on Friday, November 19, 2021. Weekly volume was -91% below average.

Long-term trend: [See BAX long-term trend chart]
A long-term downtrend had started on April 20, 2020 at 95.19 and reached 73.12 on August 26, 2021. BAX lost 22.07 points, or 23.19%, in 70 weeks. The chart has formed a Falling Wedge chart pattern. The trend support level is at 72.58 and resistance is at 84.36. A Falling Wedge is a triangle formation with a noticeable slant to the downside. It represents the loss of a downside momentum on each successive low and has a bullish bias. The Falling wedge usually marks a reversal in a downtrend. In an uptrend a falling wedge is considered to be a continuation pattern. Use the following link to access a Falling Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Wedge pattern in a long-term trend.

Medium-term trend: [See BAX medium-term trend chart]
A medium-term uptrend had started on August 26, 2021 at 73.12 and reached 84.30 on October 28, 2021. BAX gained -11.18 points, or -15.29%, in 9 weeks. The chart has formed a Ascending Triangle chart pattern. The uptrend support line (81.15) is broken. A broken support is considered to be a long-term bearish signal. 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 medium-term trend.

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

The weekly MACD line is above its signal line since September 10, 2021. 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 BAX short-term trend chart]
A short-term downtrend had started on October 28, 2021 at 84.30 and reached 77.56 on October 29, 2021. BAX lost 6.74 points, or 8.00%, in 1 days. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.

Daily Technical Indicators: [See BAX daily technical indicators chart]
Daily technical indicators are neutral.

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.

The price is close to 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) 46.24
Williams' Percentage Range (W%R) 72.40
Lane's Stochastic (%D-Slow) 65.58
Greed/Fear Indicator (GFI) 46.47
Moving Average Converg./Diverg. (MACD) -0.28
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 58.36
Williams' Percentage Range (W%R) 49.80
Lane's Stochastic (%D-Slow) 42.92
Greed/Fear Indicator (GFI) 49.67
Moving Average Converg./Diverg. (MACD) -0.40
Trading Signals
Description Value Chart
Weekly Trendline Resistance 84.37
Quarterly Trendline Resistance 84.36
Upper Bollinger Band 81.68
Weekly Trendline Support 81.15
50 Day Moving Average 80.33
Weekly Stochastic Crossing 80.04
20 Day Moving Average 79.50
Daily Stochastic Crossing 79.38
Price 79.26
Parabolic System 77.59
Lower Bollinger Band 77.23
Quarterly Trendline Support 72.58
Sector and Industry
Description Name Rank
Sector Health Care 4
Industry Health Care Equipment 27
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 84.30
High Date 10/28/2021
Low 77.56
Low Date 10/29/2021
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Ascending Triangle
Status Broken Support
Resistance 84.37
Support 81.15
Low 73.12
Low Date 08/26/2021
High 84.30
High Date 10/28/2021
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 88.32
High Date 04/23/2021
Low 73.12
Low Date 08/26/2021
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Valid
Resistance 84.36
Support 72.58
High 95.19
High Date 04/20/2020
Low 73.12
Low Date 08/26/2021
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 21.86
Low Date 07/01/2010
High 95.19
High Date 04/20/2020
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.

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