RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
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Stronger technical forecast for Baxter International Inc stock price after Wednesday trading.
(Updated on Mar 27, 2024)

Buy candidate since Mar 27, 2024 PDF

The Baxter International Inc stock price gained 2.77% on the last trading day (Wednesday, 27th Mar 2024), rising from $41.54 to $42.69. During the last trading day the stock fluctuated 2.52% from a day low at $41.74 to a day high of $42.79. The price has fallen in 7 of the last 10 days but is still up by 0.02% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 991 thousand more shares were traded than the day before. In total, 4 million shares were bought and sold for approximately $157.34 million.

The stock lies in the middle of a strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 11.16% during the next 3 months and, with a 90% probability hold a price between $45.71 and $49.72 at the end of this 3-month period.

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BAX Signals & Forecast

The Baxter International Inc stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $41.96 and $41.72. A breakdown below any of these levels will issue sell signals. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Friday, March 08, 2024, and so far it has fallen -2.47%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Baxter International Inc stock

Baxter International Inc finds support from accumulated volume at $42.01 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $1.05 between high and low, or 2.52%. For the last week the stock has had daily average volatility of 1.92%.

Our recommended stop-loss: $40.77 (-4.51%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 13 days ago.)

Trading Expectations (BAX) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Baxter International Inc to open at $42.40, and during the day (based on 14 day Average True Range), to move between $41.81 and $43.57, which gives a possible trading interval of +/-$0.88 (+/-2.06%) up or down from last closing price. If Baxter International Inc takes out the full calculated possible swing range there will be an estimated 4.12% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $42.89 (0.47%) than the support at $42.01 (1.59%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Baxter International Inc stock A Buy?

Baxter International Inc holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Strong Buy candidate.

Current score: 5.004 Strong Buy Candidate Upgraded

Predicted Opening Price for Baxter International Inc of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$42.40 ( 0.672%) $42.69

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for BAX

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 43.45 1.79 %
R2 43.05 0.85 %
R1 42.80 0.268 %
Current price: 42.69
Support S1 42.00 -1.61 %
S2 41.75 -2.19 %
S3 41.35 -3.13 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 43.77 2.53 %
R2 43.49 1.87 %
R1 42.89 0.468 %
Current price 42.69
Support S1 42.01 -1.59%
S2 40.67 -4.73%
S3 40.46 -5.22%

BAX Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 12, 2024 Mar 01, 2024 Apr 01, 2024 $0.290 0.679%
2 Feb 12, 2024 Feb 29, 2024 Apr 01, 2024 $0.290 0.679%
3 Nov 30, 2023 Nov 30, 2023 Jan 02, 2024 $0.290 0.746%
4 Jul 18, 2023 Aug 31, 2023 Oct 02, 2023 $0.290 0.776%
5 May 01, 2023 Jun 01, 2023 Jul 03, 2023 $0.290 0.649%

FAQ

What is the symbol for Baxter International Inc Stock and on which exchange is it traded?
The symbol for Baxter International Inc is BAX and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Baxter International Inc Stock?
Baxter International Inc holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Strong Buy candidate.

How to buy Baxter International Inc Stock?
Baxter International Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Baxter International Inc Stock.

What's the current price of Baxter International Inc Stock?
As of the end of day on the 2024-03-27, the price of an Baxter International Inc (BAX) share was $42.69.

What is the 52-week high and low for Baxter International Inc Stock?
The 52-week high for Baxter International Inc Stock is $50.21 and the 52-week low is $31.01.

What is the market capitalization of Baxter International Inc Stock?
As of the 2024-03-27, the market capitalization of Baxter International Inc is 21.687B.

When is the next earnings date for Baxter International Inc?
The upcoming earnings date for Baxter International Inc is Apr 25, 2024.
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About Baxter International Inc

Baxter International Baxter International Inc., through its subsidiaries, develops and provides a portfolio of healthcare products worldwide. The company offers peritoneal dialysis and hemodialysis, and additional dialysis therapies and services; intravenous therapies, infusion pumps, administration sets, and drug reconstitution devices; remixed and oncology drug platforms, inhaled anesthesia and critical care products and pharmacy compounding services; parenteral nu... BAX Profile

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