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Health Care Equipment Industry Stocks Technical Analysis - BSX

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- 4/17/2026 -
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Boston Scientific (BSX) Technical Analysis

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Summary:
Weekly :Broken trend support lineOversold sectorOversold industryRelative Strength Index oversoldWilliams' Percentage Range and Lane's Stochastic are strongly oversold
Daily :Stochastic signal line moved above oversold areaDaily  MACD line has moved above its signal lineThe price has risen above the Parabolic SAR
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It was a first positive week after 3 consecutive negative weeks for the Boston Scientific (BSX). During the week, the BSX gained 2.44 points, or 3.95%, and closed at 64.23 on Friday, April 17, 2026. It was the best weekly gain since January 23, 2026. Weekly volume was 15% above average.

BSX is a member of Health Care Sector. Health Care is the second most oversold sector. BSX is a member of Health Care Equipment Industry. Health Care Equipment is the ninth most oversold industry. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

Long-term trend: [See BSX long-term trend chart]
A long-term downtrend had started on September 9, 2025 at 109.50 and reached 60.59 on April 9, 2026. BSX lost 48.91 points, or 44.67%, in 30 weeks. The chart has formed a Descending Triangle chart pattern. The downtrend support line (90.00) is broken. Usually a broken support is considered to be a long-term bearish 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 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 60.59 on April 9, 2026. BSX lost 45.06 points, or 42.65%, in 21 weeks. The price is now at the 8.08% retracement level.

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. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current medium-term downtrend is still strong, and momentum is beginning to wane. Use the following link to access a MACD help.

Short-term trend: [See BSX short-term trend chart]
A short-term uptrend had started on April 9, 2026 at 60.59 and reached 65.56 on April 16, 2026. BSX gained -4.97 points, or -8.20%, in 7 days. The price is now at the 26.76% retracement level.

Daily Technical Indicators: [See BSX daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal.

During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.

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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 34.81
Williams' Percentage Range (W%R) 67.10
Lane's Stochastic (%D-Slow) 74.51
Greed/Fear Indicator (GFI) 47.40
Moving Average Converg./Diverg. (MACD) -2.84
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 19.32
Oversold
Williams' Percentage Range (W%R) 91.50
Strong Oversold
Lane's Stochastic (%D-Slow) 8.90
Strong Oversold
Greed/Fear Indicator (GFI) 16.50
Oversold
Moving Average Converg./Diverg. (MACD) -6.95
Trading Signals
Description Value Chart
Upper Bollinger Band 71.48
50 Day Moving Average 69.94
20 Day Moving Average 64.81
Daily Stochastic Crossing 64.33
Price 64.23
Weekly Stochastic Crossing 62.03
Parabolic System 60.63
Lower Bollinger Band 59.03
Sector and Industry
Description Name Rank
Sector Health Care 2
Industry Health Care Equipment 9
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 60.59
Low Date 04/09/2026
High 65.56
High Date 04/16/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 100.90
High Date 01/08/2026
Low 60.59
Low Date 04/09/2026
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 105.65
High Date 11/13/2025
Low 60.59
Low Date 04/09/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Descending Triangle
Status Broken Support
Resistance 94.36
Support 90.00
High 109.50
High Date 09/09/2025
Low 60.59
Low Date 04/09/2026
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.