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Becton Dickinson (BDX) Crosses Pivot Point Resistance at $278.76

By Shiri Gupta

Shares of Becton Dickinson (NYSE:BDX) have bullishly opened above the pivot of $278.21 today and have reached the first resistance level of $278.76. Analysts will be watching for a cross of the next upside pivot targets of $279.40 and $280.59.

Becton Dickinson (NYSE:BDX) is currently priced 9.9% above its average consensus analyst price target of $250.72. The stock should discover initial support at its 50-day moving average (MA) of $262.59 and subsequent support at its 200-day MA of $250.56.

In the past 52 weeks, Becton Dickinson share prices have been bracketed by a low of $221.47 and a high of $279.62 and are now at $278.12, 26% above that low price. The 200-day and 50-day moving averages have moved 0.11% higher and 0.44% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of Becton Dickinson on November 25th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $251.55. Since that recommendation, shares of Becton Dickinson have risen 10.3%. We continue to monitor BDX for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: pivot alerts becton dickinson

Ticker(s): BDX