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Health Care Equipment Industry Stocks Technical Analysis - BSX

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- 4/17/2025 -
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Boston Scientific (BSX) Technical Analysis

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Summary:
Weekly :Broken trend resistance line
Daily :The price has risen above the Parabolic SARThe period of high volatility of the stock price
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It was a second consecutive positive week for the Boston Scientific (BSX). During the week, the BSX gained 1.45 points, or 1.55%, and closed at 95.12 on Thursday, April 17, 2025. Weekly volume was 19% above average.

Long-term trend: [See BSX long-term trend chart]
A long-term uptrend had started on July 26, 2012 at 4.79 and reached 107.20 on February 5, 2025. BSX gained -102.41 points, or -2138.00%, in 653 weeks. The chart has formed a Ascending Triangle chart pattern. The uptrend resistance line (41.33) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.

Medium-term trend: [See BSX medium-term trend chart]
A medium-term downtrend had started on February 5, 2025 at 107.20 and reached 85.98 on April 7, 2025. BSX lost 21.22 points, or 19.79%, in 8 weeks. The price is now at the 43.07% retracement level.

Weekly Technical Indicators: [See BSX weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is below its signal line since March 7, 2025. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term downtrend is strong. Use the following link to access a MACD help.

Short-term trend: [See BSX short-term trend chart]
A short-term downtrend had started on March 25, 2025 at 104.35 and reached 85.98 on April 7, 2025. BSX lost 18.37 points, or 17.60%, in 13 days. The price is now at the 49.76% retracement level.

Daily Technical Indicators: [See BSX daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is below its signal line since April 2, 2025. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.

During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

The distance between the Bollinger Bands is 115.55% higher then one year average. It indicates the period of high volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 42.75
Williams' Percentage Range (W%R) 47.60
Lane's Stochastic (%D-Slow) 64.51
Greed/Fear Indicator (GFI) 53.21
Moving Average Converg./Diverg. (MACD) -1.64
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 50.30
Williams' Percentage Range (W%R) 54.70
Lane's Stochastic (%D-Slow) 44.52
Greed/Fear Indicator (GFI) 45.51
Moving Average Converg./Diverg. (MACD) 5.00
Trading Signals
Description Value Chart
Upper Bollinger Band 104.74
50 Day Moving Average 100.16
20 Day Moving Average 97.17
Price 95.12
Weekly Stochastic Crossing 94.74
Daily Stochastic Crossing 94.18
Lower Bollinger Band 87.98
Parabolic System 86.11
Sector and Industry
Description Name Rank
Sector Health Care 7
Industry Health Care Equipment 51
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 104.35
High Date 03/25/2025
Low 85.98
Low Date 04/07/2025
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 107.20
High Date 02/05/2025
Low 85.98
Low Date 04/07/2025
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 48.35
Low Date 10/13/2023
High 107.20
High Date 02/05/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 34.98
Low Date 06/16/2022
High 107.20
High Date 02/05/2025
Description Value
Direction Up
Chart Pattern Ascending Triangle
Status Broken Resistance
Resistance 48.63
Support 41.33
Low 4.79
Low Date 07/26/2012
High 107.20
High Date 02/05/2025
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.