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Bullish Moving Average Cross by Baxter Intl Inc (BAX)

By Shiri Gupta

Today, shares of Baxter Intl Inc (NYSE:BAX) have crossed bullishly above their 10-day moving average of $86.05 on a volume of 116K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Baxter Intl Inc share prices have moved between a 52-week high of $89.93 and a 52-week low of $61.05 and are now trading 41% above that low price at $86.30 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has remained constant.

SmarTrend is tracking the current trend status for Baxter Intl Inc and will alert subscribers who have BAX in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses baxter intl inc

Ticker(s): BAX