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

By David Diaz

Today, shares of Becton Dickinson (NYSE:BDX) have fallen below their 10-day MA of $168.58 on a volume of 108K 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.

Becton Dickinson share prices have moved between a 52-week high of $171.64 and a 52-week low of $128.87 and are now trading 31% above that low price at $168.35 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 February 17th, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $143.14. Since that recommendation, shares of Becton Dickinson have risen 18.9%. 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