1) In Technical Analysis Divergence(Negative = Sell, Positive = Buy) is very important and i found Positive Divergence on indicators such as CCI, RSI, Momentum. Price bottoms are decreasing but indicator bottoms are increasing it is description of Positive Divergence.
2) On RSI indicator, it is oversold area and i found important support horizontal lines on RSI...
Baxter has been obliterated on the back of Ozempic.
This stocks is hitting multidecade support, in a very oversold condition on the larger time frames.
You also have a Monthly RSI divergence occurring which could help the technical bounce scenario .
A price action above 41.50 supports a bullish trend direction.
Increase exposure for a break above 43.00.
The target price is set at 44.50.
The stop-loss price is set at 40.50.
Upside price momentum supports the bullish trend direction.
MACD bullish crossover also applicable.
Baxter International Inc., through its subsidiaries, develops and provides a portfolio of healthcare products worldwide. The company offers peritoneal dialysis and hemodialysis, and additional dialysis therapies and services; intravenous therapies, infusion pumps, administration sets, and drug reconstitution devices; remixed and oncology drug platforms, inhaled...
The technical figure Falling Wedge can be found in the daily chart in the US company Baxter International Inc. (BAX). Baxter International Inc. is an American multinational healthcare company. The company primarily focuses on products to treat kidney disease, and other chronic and acute medical conditions. The Falling Wedge broke through the resistance line on...
This usd to be a strong medical supply company but appears something had gone awry.
Looks like a pennant but the bole is Down.
Either way this pattern in neutral until broken.
Recent earnings miss.
No recommendation.
EPS (FWD)
2.85
PE (FWD)
14.26
Div Rate (FWD)
$1.16
Yield (FWD)
2.85%
Short Interest
0.98%
Market Cap
$20.54B
Baxter International Inc., through...
Update for BAX, this is a simple analysis showing a long term upward channel
I have put the price tag on where people should enter for long based on this channel
Buy the dip scenario
If there is a potential bounce area, this is not a bad spot to look. LT trendline support. Measured move. Oversold on all timeframes. Stochastic divergence possible on the weekly. Time will tell, as always. Good risk reward. Stop at 4 pts. Upside two times minimum and possibly to 65ish.
The technical figure Pennant can be found in the daily chart in the US company Baxter International Inc. (BAX). Baxter International Inc. is an American multinational healthcare company. The company primarily focuses on products to treat kidney disease, and other chronic and acute medical conditions. The company had 2017 sales of $10.6 billion, across two...
Idea for BAX showing potential pathing for future price action on this Weekly timeframe
Horizontal white line is a strong support for the upward breakout along the solid green lie
Target horizon - 2 months.
Target - 84 USD.
Profit/risk ratio - 3.43
The price is approaching the upper boundary of the downtrend, and if it breaks it is likely to go to the support line around 85 USD.
Baxter International is an American medical device manufacturer specializing in high-tech dialysis machines and other medical devices and supplies. Thousands of...
The PEAD projected a Bullish outlook for $BAX after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 25%.
