Becton Dickinson And Stock Technical Analysis

BDX Stock  USD 234.36  0.48  0.21%   
As of the 24th of April, Becton Dickinson shows the risk adjusted performance of 0.0072, and Mean Deviation of 0.885. Becton Dickinson technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down nineteen technical drivers for Becton Dickinson and, which can be compared to its peers. Please confirm Becton Dickinson coefficient of variation, as well as the relationship between the treynor ratio and semi variance to decide if Becton Dickinson is priced correctly, providing market reflects its regular price of 234.36 per share. Given that Becton Dickinson has jensen alpha of (0.07), we suggest you to validate Becton Dickinson and's prevailing market performance to make sure the company can sustain itself at a future point.

Becton Dickinson Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Becton, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Becton
  
Becton Dickinson's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Becton Dickinson Analyst Consensus

Target PriceAdvice# of Analysts
301.17Strong Buy15Odds
Becton Dickinson and current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Becton analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Becton stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Becton Dickinson, talking to its executives and customers, or listening to Becton conference calls.
Becton Analyst Advice Details
Becton Dickinson technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Becton Dickinson technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Becton Dickinson trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Becton Dickinson Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Becton Dickinson volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Becton Dickinson Trend Analysis

Use this graph to draw trend lines for Becton Dickinson and. You can use it to identify possible trend reversals for Becton Dickinson as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Becton Dickinson price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Becton Dickinson Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Becton Dickinson and applied against its price change over selected period. The best fit line has a slop of    , which may imply that Becton Dickinson and will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 0.27, which is the sum of squared deviations for the predicted Becton Dickinson price change compared to its average price change.

About Becton Dickinson Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Becton Dickinson and on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Becton Dickinson and based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Becton Dickinson price pattern first instead of the macroeconomic environment surrounding Becton Dickinson. By analyzing Becton Dickinson's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Becton Dickinson's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Becton Dickinson specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2023 2024 (projected)
Dividend Yield0.0170.01350.0125
Price To Sales Ratio3.373.441.85

Becton Dickinson April 24, 2024 Technical Indicators

Most technical analysis of Becton help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Becton from various momentum indicators to cycle indicators. When you analyze Becton charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Becton Dickinson April 24, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Becton stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether Becton Dickinson offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Becton Dickinson's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Becton Dickinson And Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Becton Dickinson And Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Becton Dickinson and. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
Note that the Becton Dickinson information on this page should be used as a complementary analysis to other Becton Dickinson's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

Complementary Tools for Becton Stock analysis

When running Becton Dickinson's price analysis, check to measure Becton Dickinson's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Becton Dickinson is operating at the current time. Most of Becton Dickinson's value examination focuses on studying past and present price action to predict the probability of Becton Dickinson's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Becton Dickinson's price. Additionally, you may evaluate how the addition of Becton Dickinson to your portfolios can decrease your overall portfolio volatility.
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Is Becton Dickinson's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Becton Dickinson. If investors know Becton will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Becton Dickinson listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.43)
Dividend Share
3.68
Earnings Share
4.35
Revenue Per Share
67.719
Quarterly Revenue Growth
0.026
The market value of Becton Dickinson is measured differently than its book value, which is the value of Becton that is recorded on the company's balance sheet. Investors also form their own opinion of Becton Dickinson's value that differs from its market value or its book value, called intrinsic value, which is Becton Dickinson's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Becton Dickinson's market value can be influenced by many factors that don't directly affect Becton Dickinson's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Becton Dickinson's value and its price as these two are different measures arrived at by different means. Investors typically determine if Becton Dickinson is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Becton Dickinson's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.