Baxter International(BAX)
Auto-detected technical analysis for BAX · data as of Jul 22, 2026. The chart above is live; the read below updates daily.
BAX is currently forming a rising wedge on the daily timeframe. Detected Jul 22, 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 $22.73 (+16.4%). Across 10,660 backtested rising wedges, the setup followed through 50.4% of the time, averaging +0.20R; BAX's own rising wedges have hit 55.3%.
New to this pattern? What a rising wedge is and how to trade it →
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 8.4% move (+0.84R) over 23 sessions. Across 135 backtested rising wedges, this setup wins 52.6% of the time.
Historical pattern statistics (1987-01-30 – 2026-07-13), not a prediction.
Every completed pattern trade our nightly backtest found on BAX's daily chart, newest first — wins and losses alike.
| Pattern | Entry | Exit | Outcome | Result |
|---|---|---|---|---|
| Rising Wedge | Jun 9, 2026 @ $20.11 | Jul 14, 2026 @ $21.80 | Win | +16.4% · +0.84R |
| Rising Wedge | Jan 5, 2026 @ $19.68 | Jan 13, 2026 @ $19.65 | Loss | +8.5% · -0.02R |
| Falling Wedge | Sep 19, 2025 @ $23.22 | Sep 25, 2025 @ $21.99 | Win | +5.8% · +0.87R |
| Triangle | Jul 10, 2025 @ $29.56 | Jul 31, 2025 @ $27.24 | Win | +8.5% · +1.06R |
| Falling Wedge | Jul 1, 2025 @ $31.17 | Jul 11, 2025 @ $28.70 | Loss | +10.2% · -1.33R |
| Bullish Pennant | Jun 9, 2025 @ $30.87 | Jul 11, 2025 @ $28.70 | Loss | +43.8% · -1.27R |
| Triangle | Apr 9, 2024 @ $42.18 | Apr 18, 2024 @ $39.34 | Win | +7.7% · +1.57R |
| Falling Wedge | Jan 6, 2023 @ $49.00 | Feb 9, 2023 @ $41.76 | Win | +15.0% · +1.76R |
| Triangle | Dec 15, 2022 @ $50.90 | Jan 9, 2023 @ $44.58 | Win | +14.4% · +2.18R |
| Falling Wedge | Nov 1, 2022 @ $53.96 | Jan 6, 2023 @ $48.30 | Win | +10.9% · +1.36R |
| Falling Wedge | Oct 18, 2022 @ $56.63 | Nov 1, 2022 @ $53.74 | Loss | +10.7% · -1.04R |
| Triangle | Jun 10, 2022 @ $71.43 | Jun 17, 2022 @ $64.55 | Win | +10.5% · +3.13R |
A chance to go short showed up on the weekly chart about a week ago: price ran up to $22.41 — a level traders often watch as a target (100% of the prior move) — and has since turned back below it, the kind of rejection a short plays for.
| Date | Open | High | Low | Close |
|---|---|---|---|---|
| Jul 22, 2026 | $22.53 | $22.56 | $21.70 | $21.74 |
| Jul 21, 2026 | $21.86 | $22.24 | $21.84 | $22.21 |
| Jul 20, 2026 | $22.46 | $22.52 | $21.94 | $22.07 |
| Jul 17, 2026 | $23.16 | $23.71 | $22.59 | $22.61 |
| Jul 16, 2026 | $22.50 | $23.38 | $22.18 | $23.35 |
| Jul 15, 2026 | $21.93 | $22.45 | $21.82 | $22.15 |
| Jul 14, 2026 | $21.93 | $21.93 | $21.16 | $21.80 |
| Jul 13, 2026 | $22.60 | $22.92 | $22.37 | $22.57 |
| Jul 10, 2026 | $22.64 | $22.72 | $22.35 | $22.62 |
| Jul 9, 2026 | $22.25 | $22.55 | $21.73 | $22.46 |
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.