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Watch for Becton Dickinson to Potentially Pullback After Gaining 1.03% Yesterday

By David Diaz

Becton Dickinson (NYSE:BDX) traded in a range yesterday that spanned from a low of $225.48 to a high of $228.35. Yesterday, the shares gained 1.0%, which took the trading range above the 3-day high of $227.83 on volume of 377,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

SmarTrend is tracking the current trend status for Becton Dickinson and will alert subscribers who have BDX in their portfolio or watchlist when shares have changed trend direction.

Becton Dickinson share prices have moved between a 52-week high of $265.87 and a 52-week low of $208.62 and are now trading 9% above that low price at $228.25 per share. The 200-day and 50-day moving averages have moved 0.21% lower and 0.91% lower over the past week, respectively.

Keywords: rebounders becton dickinson

Ticker(s): BDX