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BDX Stock Tickeron detected bullish Stock Pattern: Three Rising Valleys BDX on December 30, 2024, netting in a 4.10% gain over 2 weeks

A.I.dvisor
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+4.10% Gain from a Successful pattern Three Rising Valleys
BDX - Becton Dickinson and Co
Tickeron
Ticker: BDX
Company: Becton Dickinson and
Gain: +4.1%
Confirmed: 12/30/24
Succeeded: 01/14/25
Total length: 15 days
On December 30, 2024, A.I.dvisor detected a Three Rising Valleys Pattern (Bullish) for Becton Dickinson and Co (BDX, $226.51). On December 30, 2024, A.I.dvisor confirmed the Bullish pattern, setting a target price of $236.96. 15 days later, on January 14, 2025, BDX reached the target price resulting in a for traders who took a long position in the stock.

BDX in upward trend: 10-day moving average broke above 50-day moving average on January 06, 2025

The 10-day moving average for BDX crossed bullishly above the 50-day moving average on January 06, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 20 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on January 02, 2025. You may want to consider a long position or call options on BDX as a result. In of 99 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

BDX moved above its 50-day moving average on January 03, 2025 date and that indicates a change from a downward trend to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where BDX advanced for three days, in of 309 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 217 cases where BDX Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The RSI Indicator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 4 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

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

BDX broke above its upper Bollinger Band on January 13, 2025. 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.

Fundamental Analysis (Ratings)

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.783) is normal, around the industry mean (23.475). P/E Ratio (55.975) is within average values for comparable stocks, (83.627). Projected Growth (PEG Ratio) (1.305) is also within normal values, averaging (5.667). Dividend Yield (0.015) settles around the average of (0.018) among similar stocks. P/S Ratio (3.630) is also within normal values, averaging (41.274).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. BDX’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating slightly better than average sales and a considerably profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. BDX’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 88, placing this stock worse than average.

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BDX
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General Information

a manufacturer of medical supplies, devices, laboratory equipment and diagnostic products

Industry MedicalSpecialties

Profile
Fundamentals
Details
Industry
Medical Specialties
Address
1 Becton Drive
Phone
+1 201 847-6800
Employees
72000
Web
https://www.bd.com