BAX Technical Signal Analysis
BAX have 4 buy signals and 1 sell signal now. The current trend is consolidation starting from 2025-03-10. The total price change during this trend is -5.50%. Recently, the price has increased but the volume has decreased, indicating a potential warning signal. The average turnover of BAX over last 5 trading day is $177,539,872.32
4 Bullish Signal
1 Bearish Signal
Name
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 > 0
2.51
Bullish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 > 0
0.94
Bullish
Stochastic RSI %K (14, 14, 3, 3)
STOCHRSIk_14_14_3_3 < 20
6.56
Bullish
Moving Average
20-day SMA crosses above 200-day SMA
--
Bullish
Name
Signal
Value
Meaning
Momentum (10 days)
MOM_10 < 0
-0.55
Bearish
4 Bullish Signal
Name
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 > 0
2.51
Bullish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 > 0
0.94
Bullish
Stochastic RSI %K (14, 14, 3, 3)
STOCHRSIk_14_14_3_3 < 20
6.56
Bullish
Moving Average
20-day SMA crosses above 200-day SMA
--
Bullish
BAX Support and Resistance Level
The support levels for BAX are at 34.24, 33.36, and 31.93, while the resistance levels are at 37.1, 37.98, and 39.41. With the current stock price at 34.55, it is leaning more toward the support levels.
BAX Technical Analysis
Technical Analysis of BAX Stock
Current Price and Trend
As of the latest data, Baxter International Inc. (BAX) is trading at $36.15. The stock has shown a bullish trend recently, with a strong upward movement during regular market hours, closing at $36.57 after a +3.19% gain.
Key Technical Indicators
- RSI (14-period): 72.30 (Overbought territory, suggesting potential pullback).
- Stochastic Oscillator: %K (88.85) and %D (83.14) are both in overbought territory.
- MACD: Positive at 1.16, indicating bullish momentum, but the histogram is showing signs of weakening momentum.
- Bollinger Bands: The stock is trading near the upper band, with a Bollinger Band Percentage (BBP) of 0.75, signaling overbought conditions.
Support and Resistance Levels
- Fibonacci Pivot Point: $35.12
- Resistance Levels:
- R1: $36.34
- R2: $37.10
- Support Levels:
- S1: $33.89
- S2: $33.14
Moving Averages
The stock is trading above its 5-day, 10-day, 20-day, and 50-day moving averages, indicating strong bullish momentum. However, the 200-day moving average of $34.10 suggests a longer-term uptrend.
Recent Price Action
The stock has broken above its recent resistance levels and is approaching the Fibonacci R1 level of $36.34. A breakout above this level could target $37.10, while failure to breach R1 may lead to a pullback toward the pivot point at $35.12.
Conclusion
Based on the technical analysis, BAX is currently overbought, with RSI and Stochastic indicators in overbought territory. While the stock has strong bullish momentum, the risk of a short-term pullback is elevated.
Recommendation:
- Sell at the current price of $36.15, as the stock is likely to experience a short-term correction.
- Consider re-entering at the support level of $35.12 or lower for a better risk-reward ratio.
Disclaimer: This analysis does not constitute financial advice and should not be considered as a recommendation to buy or sell BAX stock. Always do your own research or consult with a financial advisor before making investment decisions.
BAX FAQs
Which bull technical signals does BAX have?
Which bearish technical signals does BAX have?
How reliable is technical analysis?
How can I use moving averages to set entry and exit points for BAX stock?
Is BAX a buy based on overall technical signals summary?
BAX Buy or Sell
BAX has 4 buy signals and 1 sell signals now. Overall the technical rating for BAX is Buy.
Buy
Sell
1
Buy
4
BAX Moving Average
This analysis outlines the stock's performance across different time frames using Simple Moving Averages (SMA). In the swing, the stock shows a negative trend with the 34.55 below the SMA_5. In the short term, the stock shows a positive trend with the 35.59 above the SMA_20. In the mid term, the stock shows a positive trend with the 34.24 above the SMA_60. In the long term, the stock shows a negative trend with the 31.78 below the SMA_200.
Swing
Negative
Stock Price Below SMA_5
Short Term
Positive
SMA_5 Above SMA_20
Mid Term
Positive
SMA_20 Above SMA_60
Long Term
Negative
SMA_60 Below SMA_200
Free Financial AI Agent for Investment
Ask any investment related question and get answer instantly
What do technical indicators suggest about BAX's current trend?What are BAX's key support and resistance levels?