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Becton Dickinson Crosses Below its 10-day MA (BDX)

By David Diaz

Becton Dickinson (NYSE:BDX) crossed under its 10-day moving average of $232.85 on a volume of 168K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, shares of Becton Dickinson have traded between a low of $161.29 and a high of $248.39 and are now at $231.19, which is 43% above that low price. 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 April 13th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $225.04. Since that recommendation, shares of Becton Dickinson have risen 3.0%. 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