Question 1

What does the Stochastic Oscillator suggest about BAX's trend?

Accepted Answer

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In 27 of 52 cases where BAX's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are 0%.

Question 2

How did BAX's Momentum indicator behave recently?

Accepted Answer

BAX saw its Momentum Indicator move above the 0 level on August 16, 2024. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 89 similar instances where the indicator turned positive. In 47 of the 89 cases, the stock moved higher in the following days. The odds of a move higher are at 0%.

Question 3

What does MACD indicator imply for BAX?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for BAX turned negative on August 13, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 44 similar instances when the indicator turned negative. In 27 of the 44 cases the stock turned lower in the days that followed. This puts the odds of success at 0%.

Question 4

What is the significance of the 50-day moving average indicator for BAX?

Accepted Answer

BAX moved above its 50-day moving average on August 14, 2024 date and that indicates a change from a downward trend to an upward trend.

Question 5

What does a 3-day price advance indicate for BAX?

Accepted Answer

Following a +2.04% 3-day Advance, the price is estimated to grow further. Considering data from situations where BAX advanced for three days, in 144 of 292 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 6

What does a 3-day decline signify for BAX's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where BAX declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 55%.

Question 7

What does BAX breaking above its upper Bollinger Band indicate?

Accepted Answer

BAX broke above its upper Bollinger Band on August 08, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Question 8

How does the Aroon Indicator reflect on BAX's trend?

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 121 of 205 cases where BAX Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

BAX Stock Baxter International (BAX, $33.19) RSI Indicator left the oversold zone on June 05, 2024

Momentum Indicator for BAX turns positive, indicating new upward trend

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