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Health Care Equipment Industry Stocks Technical Analysis - BSX

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- 6/5/2026 -
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Boston Scientific (BSX) Technical Analysis

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Summary:
Weekly :Broken trend support line - Downtrend exhaustionRelative Strength Index oversoldWilliams' Percentage Range and Lane's Stochastic are strongly oversold
Daily :Lane's Stochastic is oversoldThe period of high volatility of the stock price
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It was a first positive week for the Boston Scientific (BSX). During the week, the BSX climbed 0.24 points, or 0.50%, and closed at 48.55 on Friday, June 5, 2026. Weekly volume was 95% above average.

Long-term trend: [See BSX long-term trend chart]
A long-term downtrend had started on September 9, 2025 at 109.50 and reached 47.17 on June 3, 2026. BSX lost 62.33 points, or 56.92%, in 38 weeks. The chart has formed a Descending Triangle chart pattern. The downtrend support line (89.82) is broken, while daily and weekly technical indicators are oversold. Downtrend is exhausted and trend reversal is possible soon. 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 support in a long-term trend.

Medium-term trend: [See BSX medium-term trend chart]
A medium-term downtrend had started on November 13, 2025 at 105.65 and reached 47.17 on June 3, 2026. BSX lost 58.48 points, or 55.35%, in 28 weeks. Price is near the trend low.

Weekly Technical Indicators: [See BSX weekly technical indicators chart]
Weekly Relative Strength Index is oversold while Williams' Percentage Range and Lane's Stochastic are strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold weekly Relative Strength Index or strongly oversold weekly Williams' Percentage Range and Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic, Relative Strength Index and Williams' Percentage Range help.

The weekly MACD line is below its signal line since March 7, 2025. This is an indication that the medium-term trend is down. 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 May 22, 2026 at 58.51 and reached 47.17 on June 3, 2026. BSX lost 11.34 points, or 19.38%, in 12 days. The price is now at the 12.17% retracement level.

Daily Technical Indicators: [See BSX daily technical indicators chart]
Daily Lane's Stochastic is strongly oversold. Use the Technical Stock Screener to see the list of stocks with daily strongly oversold Lane's Stochastic.

The daily MACD line is below its signal line since May 27, 2026. 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.

The distance between the Bollinger Bands is 120.53% 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) 37.82
Williams' Percentage Range (W%R) 79.90
Lane's Stochastic (%D-Slow) 8.14
Strong Oversold
Greed/Fear Indicator (GFI) 22.03
Moving Average Converg./Diverg. (MACD) -2.70
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 18.25
Oversold
Williams' Percentage Range (W%R) 95.30
Strong Oversold
Lane's Stochastic (%D-Slow) 8.16
Strong Oversold
Greed/Fear Indicator (GFI) 16.11
Oversold
Moving Average Converg./Diverg. (MACD) -9.49 Bullish
Trading Signals
Description Value Chart
Upper Bollinger Band 59.73
50 Day Moving Average 57.97
Parabolic System 52.93
20 Day Moving Average 52.56
Weekly Stochastic Crossing 48.97
Price 48.55
Daily Stochastic Crossing 47.69
Lower Bollinger Band 45.33
Sector and Industry
Description Name Rank
Sector Health Care 6
Industry Health Care Equipment 32
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 58.51
High Date 05/22/2026
Low 47.17
Low Date 06/03/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 100.90
High Date 01/08/2026
Low 47.17
Low Date 06/03/2026
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 105.65
High Date 11/13/2025
Low 47.17
Low Date 06/03/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Descending Triangle
Status Broken Support
Resistance 90.91
Support 89.82
High 109.50
High Date 09/09/2025
Low 47.17
Low Date 06/03/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 4.79
Low Date 07/26/2012
High 109.50
High Date 09/09/2025
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.