Baxter International (BAX) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for BAX · data as of Aug 4, 2026. The chart above is live; the read below updates daily.

$28.35last close · Aug 4, 202652-week range $15.73 – $30.00 · 5.5% below the high

BAX Rising Wedge Pattern

BAX is currently forming a rising wedge on the daily timeframe. Detected Aug 4, 2026.

A rising wedge usually breaks lower, but BAX is breaking higher out of it instead — a notably bullish turn. A breakout projects a measured-move target near $22.70 (+16.4%). Across 9,519 backtested rising wedges, the setup followed through 50.0% of the time, averaging +0.19R; BAX's own rising wedges have hit 64.7%.

DirectionBullishTarget$22.70Projected move+16.4%Breakout level$19.99

New to this pattern? What a rising wedge is and how to trade it →

BAX's Most Recent Rising Wedge Trade

BAX's most recent completed rising wedge (which broke against type) resolved as a win: it broke higher on Jun 9, 2026 near $20.11, then reached its target at $21.80 on Jul 14, 2026 — a +0.84R move (8.4%) over 23 sessions. Across 164 backtested rising wedges, this setup wins 52.4% of the time.

OutcomeWinResult+0.84REntry$20.11Exit$21.80

Learn about rising wedge

How Rising Wedges Have Performed

Win rate
50.0%
Avg return
+0.19R
Backtested trades
9,519
BAX win rate
64.7%

Historical pattern statistics (2006-08-04 – 2026-08-04), not a prediction.

How these backtests work →

BAX Pattern Trade History

Every completed pattern trade our nightly backtest found on BAX's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Rising WedgeJun 9, 2026 @ $20.11Jul 14, 2026 @ $21.80Win+0.84R
Rising WedgeJan 5, 2026 @ $19.68Jan 13, 2026 @ $19.65Loss-0.02R
Falling WedgeSep 19, 2025 @ $23.22Sep 25, 2025 @ $22.03Win+0.84R
TriangleJul 10, 2025 @ $29.56Jul 31, 2025 @ $27.22Win+1.07R
Falling WedgeJul 1, 2025 @ $31.17Jul 11, 2025 @ $28.70Loss-1.33R
Falling WedgeJun 18, 2025 @ $29.72Jul 21, 2025 @ $27.37Win+1.01R
Bullish PennantJun 9, 2025 @ $30.87Jul 11, 2025 @ $28.70Loss-1.27R
TriangleJul 11, 2024 @ $34.48Jul 25, 2024 @ $35.09Win+0.34R
TriangleApr 9, 2024 @ $42.18Apr 18, 2024 @ $39.34Win+1.57R
TriangleNov 15, 2023 @ $34.71Jan 16, 2024 @ $39.05Win+1.98R
Falling WedgeDec 22, 2022 @ $49.12Feb 9, 2023 @ $41.76Win+1.84R
TriangleDec 15, 2022 @ $50.90Jan 9, 2023 @ $44.58Win+2.18R

BAX Support and Resistance Levels

Price found a floor near $21.86 about 4 weeks ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $28.76 — still about 1.4% away.

  • Traders commonly watch $28.76 as a target (its 78.6% extension) — think of it as a sensible next stop, not a guarantee.
  • That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $21.86 floor about 4 weeks ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

Nearest auto-detected support sits near $21.93. These are chart/swing-derived levels, not formula pivots.

Support
$21.93$17.71$16.15

BAX Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$27.74$28.38$27.48$28.35
Aug 3, 2026$26.98$28.30$26.90$28.10
Jul 31, 2026$26.92$27.15$26.03$26.16
Jul 30, 2026$29.07$30.00$26.05$26.75
Jul 29, 2026$24.40$24.93$24.28$24.77
Jul 28, 2026$23.85$24.75$23.58$24.37
Jul 27, 2026$22.68$23.40$22.60$23.34
Jul 24, 2026$21.95$22.65$21.90$22.40
Jul 23, 2026$21.56$21.78$21.40$21.67
Jul 22, 2026$22.53$22.56$21.70$21.74

BAX Frequently Asked Questions

What chart pattern is BAX forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a rising wedge on Baxter International (BAX) on the daily chart, with a measured-move target of $22.70.
Is a rising wedge bullish or bearish?
The rising wedge detected on BAX is a bullish pattern, projecting a measured-move target of $22.70. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a rising wedge pattern, and what is its win rate?
Across TradingPal's backtest of the rising wedge family (9,519 trades over 631 symbols), it resolved in the expected direction 50.0% of the time with an average of +0.19R. These are historical statistics, not a prediction.
What are the support and resistance levels for BAX?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), BAX's nearest support is around $21.93 and nearest resistance around n/a.
What is the price target if BAX's pattern breaks out?
The detected rising wedge has a geometry-based measured-move target of $22.70 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was BAX's closing price on Aug 4, 2026?
Baxter International (BAX) last closed at $28.35 on Aug 4, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.