Wednesday, April 27, 2016

Becton Dickinson - Chart of the Day

Becton Dickinson (BDX) is the Barchart Chart of the Day.  The dental supply company has a Trend Spotter buy signal, a weighted Alpha of 16.81+, gained 13.67% in the  last year and paid a 1.65% dividend.

The Chart of the Day belongs to Becton Dickinson (BDX).  I found the dental supply stock by using Barchart to sort today's All Time High list first for the most frequent number of new highs in the last month, then again for technical buy signals over 80%.   Nest I used the Flipchart feature to review the charts for consistency.  Since the Trend Spotter signaled a buy on 2/24 the stock gained 9.48%

Becton, Dickinson and Co. is engaged principally in the manufacture and sale of a broad line of supplies, devices and systems used by health care professionals, medical research institutions and the general public. BD's operations consist of three worldwide business segments: Medical Systems, Biosciences, and Preanalytical Solutions.


The status of Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.

Barchart technical indicators:

  • 96% technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 17 new highs and up 8.26% in the last month
  • Relative Strength Index 69.08%
  • Technical support level at 158.49
  • Recently traded at 161.45 with a 50 day moving average of 151.97
Fundamental factors:
  • Market Cap $ 34.25 billion
  • P/E 21.20
  • Dividend yield 1.65%
  • Revenue expected to grow 21.20% this year, and another 3.00% next year
  • Earnings estimated to increase 18.00% this year, an additional 11..60% next year and continue to compound at an annual rate of 13.61% for the next 5 years
  • Wall Street analysts issued 6 strong buys, 5 buys and 7 holds

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