BAX (BAX) — Downtrend in force
BAX (BAX) is trading at $23.49, +0.12 (+-63.5%) on the session. Over the last 127 sessions the trend is down with a +41.1% move. Price is -17.1% from its 6-month high and +41.3% from its 6-month low. Annualised volatility (30-day) is ~22%.
Probability scenarios
Bearish bias — 2 bullish, 5 bearish, 1 neutral of 8 signals.
Trend Downtrend in force
BAX (BAX) is trading at $23.49. Over the last 127 sessions the trend is **down** with a +41.1% move.
Price is -17.1% from the 6-month high and +41.3% from the low. Annualised volatility (30-day) is ~22%.
Price is on the 15-day MA ($23.44) and below the 50-day SMA ($25.27).
Bollinger Bands Inside the bands — range-bound
Bollinger Bands (20, 2): price is at $23.49, upper $24.57, middle $23.63, lower $22.70. Price is inside the bands — range-bound.
Bandwidth is 7.9% of price — moderate. Width contraction often precedes a directional breakout; expansion confirms one underway.
RSI (14) Below 50
RSI(14) is 47.7. Momentum has faded; the bullish case needs rebuilding.
Generally: above 70 = overheated, above 50 = bullish trend, below 50 = bearish trend, below 30 = oversold.
MACD (12, 26, 9) Bullish — fast line above signal
MACD (12, 26, 9): line $-0.41, signal $-0.47, histogram +0.065.
The fast line is above the signal line and the histogram is positive — a bullish configuration. Momentum is expanding.
Volume Analysis Balanced volume
Up-day and down-day volume are roughly even (ratio 0.95) over the recent 18 sessions — no strong conviction either way.
Rule of thumb: price up on high volume = accumulation; price down on high volume = distribution. Low-volume pullbacks after a rally are usually profit-taking, not panic.
Smart Money (A/D) Smart money distributing
The A/D line is falling and well off highs. If smart money were exiting you would expect lower highs and volume spikes on down days — distribution pressure is building.
A/D combines price position within the day's range with volume: rising = net buying pressure, falling = net selling pressure. It often leads price at turning points.
Anchored VWAP Above anchored VWAP — period buyers in profit
Price ($23.49) is +8.2% above the anchored VWAP ($21.71). Buyers who entered at the period's volume-weighted average are in profit and less likely to panic-sell.
Anchored VWAP is the volume-weighted average from the start of the scraped series — a proxy for the period's average institutional cost basis.
Key Levels 3 resistance / 3 support levels
Current price $23.49. Resistance above: $23.71, $24.10, $24.57. Support below: $23.45, $23.11, $22.56.
Watch $23.71 as the first upside level to clear, and $23.45 as the first downside level to hold. A clean break of either often determines the next leg.
Resistance
$23.71
Resistance
$24.10
Resistance
$24.57
Support
$23.45
Support
$23.11
Support
$22.56
Signal breakdown
- Trend (6mo) Bearish Linear-regression slope is down (+41.1% over the period).
- Price vs 50-day SMA Bearish Price is below the 50-day SMA ($25.27).
- RSI (14) Bearish RSI 48 — below 50, momentum fading.
- MACD (12,26,9) Bullish Histogram positive (+0.065) — fast line above signal.
- Bollinger %B Bearish Price in the lower half of the bands (%B 0.42).
- Volume profile Neutral Volume balanced between up and down days.
- A/D line Bearish A/D line slope is falling — distribution pressure.
- AVWAP Bullish Price above anchored VWAP ($21.71).
Generated from 127 daily closes in the scraped 6-month OHLCV series (quote data 2026-10-03T17:17:00.410112278Z). Every level, rating, and probability traces to a computed indicator — no commentary is hand-written or fixed per symbol. Recomputed on each page load from the latest scrape.