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Baxter Intl Inc (BAX) Approaches New Upside Target of $60.27

By Nick Russo

Baxter Intl Inc (NYSE:BAX) has opened bullishly above the pivot of $59.71 today and has reached the first level of resistance at $60.00. Analysts will be watching for a cross of the next upside pivot targets of $60.27 and $60.82.

There is potential upside of 1.5% for shares of Baxter Intl Inc based on a current price of $59.85 and an average consensus analyst price target of $60.75. The stock should find initial support at its 50-day moving average (MA) of $41.62 and further support at its 200-day MA of $38.19.

Over the past year, Baxter Intl Inc has traded in a range of $42.22 to $63.14 and is now at $59.85, 42% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 1.3%.

SmarTrend is monitoring the recent change of momentum in Baxter Intl Inc. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Baxter Intl Inc in search of a potential trend change.

Keywords: pivot alerts baxter intl inc

Ticker(s): BAX