![]() ![]() It indicates that the trend is getting weaker. The distance between MACD and the signal line is low, but getting bigger.Ī Parabolic SAR (stop and reversal) indicator (257.61) comes close to the price (259.39). The daily MACD line is below its signal line since July 6, 2023. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a short-term trend.ĭaily Technical Indicators: The support is usually stronger when technical indicators are oversold. The price is near the trend support (258.84) line. The chart has formed a Rising Channel chart pattern. Short-term trend: Ī short-term uptrend had started on at 237.62 and reached 265.09 on June 30, 2023. Use the following link to access a MACD help. It indicates that the current medium-term uptrend is getting stronger. The distance between MACD and the signal line is low, but getting bigger. This is an indication that the medium-term trend is up. ![]() The weekly MACD line is above its signal line since June 2, 2023. Use the following link to access Williams' Percentage Range help. Oscillators can be used to confirm other technical signals. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators are designed to signal a possible trend reversal. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range. Weekly Williams' Percentage Range is overbought. Use the following link to access a Symmetric Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Symmetric Triangle pattern in a medium-term trend. Chart pattern analysis usually considers a symmetric triangle chart pattern as a continuation formation which resolves in the direction of larger trend, but it also may mark the trend reversal. A Symmetric Triangle pattern represents the area of indecision, where the movement direction is questioned. The trend support level is at 242.53 and resistance is at 264.73. The chart has formed a Symmetric Triangle chart pattern. Medium-term trend: Ī medium-term uptrend had started on Maat 228.62 and reached 266.70 on May 3, 2023. Use the following link to access a Rising Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Wedge pattern in a long-term trend. In a downtrend a rising wedge is considered to be a continuation pattern. The Rising wedge usually marks a reversal in an uptrend. It represents the loss of an upside momentum on each successive high and has a bearish bias. A Rising Wage is a triangle formation with a noticeable slant to the upside. The trend support level is at 241.13 and resistance is at 269.09. The chart has formed a Rising Wedge chart pattern. Long-term trend: Ī long-term uptrend had started on Octoat 215.90 and reached 266.70 on May 3, 2023. During the week, the BDX climbed 2.47 points, or 0.96%, and closed at 259.39 on Friday, July 14, 2023. It was a first positive week for the Becton, Dickinson (BDX). Move cursor over the icon to see details. # 2 For the best results, chart patterns and trend resistance support should be considered together with other technical analysis signals and technical trading techniques. Situation usually generates divergence on long-term indicators. # 1 As a reversal formation, Broadening formation Pattern appears in a mature trend,Ĭharacterized by overbought/oversold long-term and short-term indicators. One of the boundary lines is horizontal, is referred to as a right-angled formation.īroadening formations usually mark the reversal when confirmed by other technicalīroadening formations Screening page presents a list of stocks forming Broadening formation Pattern. They start with narrowįluctuations, and then widen out between diverging boundary lines. Chart Analysis and Chart Pattern Recognition – Broadening Formationsīroadening Formations, including Broadening Ascending Wedge, present inverted triangle patterns. ![]()
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