• Return to Headlines

Becton Dickinson Bearish Moving Average Crossover Alert (BDX)

By Shiri Gupta

Becton Dickinson (NYSE:BDX) shares have crossed bearishly below their 10-day moving average of $191.43 on a volume of 261K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Becton Dickinson share prices have moved between a 52-week high of $194.11 and a 52-week low of $128.87 and are now trading 47% above that low price at $189.73 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.8% while the 200-day MA has risen 0.2%.

SmarTrend recommended that subscribers consider buying shares of Becton Dickinson on January 10th, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $170.63. Since that recommendation, shares of Becton Dickinson have risen 12.5%. We continue to monitor BDX for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses becton dickinson

Ticker(s): BDX