The Greedy Trader Weekly Analysis
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Downtrend Broken Resistance

Downtrend Broken Resistance stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Downtrend broken resistance stock market alert is a trend trading warning signal. It is a confirmation that long term downtrend reversal is completed and a new uptrend is establiched.

Unlike other alerts, broken resistance is not a buy/sell signal. It is rather warning signal that trend direction has changed. For entry point it is usually better to wait for pull back and retest of resistance line. This point is considered as a second chance to participate in downtrend reversal.

Downtrend Broken Resist.

Archive
- 10/3/2025 -
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Boston Scientific (BSX) Technical Analysis

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Summary:
Weekly :Overbought sectorBroken trend resistance lineBroken trend resistance line
Daily :The price has fallen below the Parabolic SAR20 Day Moving Average has crossed above the 50 Day Moving Average
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It was the negative week for the Boston Scientific (BSX). During the week, the BSX gave back -0.86 points, or -0.88%, and closed at 97.32 on Friday, October 3, 2025. Weekly volume was 98% above average.

BSX is a member of Health Care Sector. Health Care is the second most overbought sector. 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 uptrend had started on July 26, 2012 at 4.79 and reached 109.50 on September 9, 2025. BSX gained -104.71 points, or -2186.01%, in 684 weeks. The chart has formed a Ascending Triangle chart pattern. The uptrend resistance line (42.67) 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 September 9, 2025 at 109.50 and reached 90.69 on October 1, 2025. BSX lost 18.81 points, or 17.18%, in 3 weeks. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (89.31) is broken. A broken support is considered to be a long-term bullish signal. 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 medium-term trend.

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 uptrend had started on October 1, 2025 at 90.69 and reached 98.48 on October 3, 2025. BSX gained -7.79 points, or -8.59%, in 2 days. The price is now at the 14.89% 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 September 10, 2025. The distance between MACD and the signal line is low and getting smaller.

During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward 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.

During the last week, the 20 Day Moving Average has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 35.79
Williams' Percentage Range (W%R) 70.90
Lane's Stochastic (%D-Slow) 50.94
Greed/Fear Indicator (GFI) 38.60
Moving Average Converg./Diverg. (MACD) -1.91
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 31.79
Williams' Percentage Range (W%R) 70.90
Lane's Stochastic (%D-Slow) 33.39
Greed/Fear Indicator (GFI) 35.44
Moving Average Converg./Diverg. (MACD) 1.99
Trading Signals
Description Value Chart
Upper Bollinger Band 106.79
50 Day Moving Average 102.96
20 Day Moving Average 99.75
Parabolic System 99.02
Price 97.32
Daily Stochastic Crossing 96.02
Weekly Stochastic Crossing 95.18
Monthly Trendline Resistance 95.04
Lower Bollinger Band 92.02
Monthly Trendline Support 89.31
Sector and Industry
Description Name Rank
Sector Health Care 8
Industry Health Care Equipment 57
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 90.69
Low Date 10/01/2025
High 98.48
High Date 10/03/2025
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 90.69
Low Date 10/01/2025
High 98.48
High Date 10/03/2025
Description Value
Direction Down
Chart Pattern Falling Channel
Status Broken Resistance
Resistance 95.04
Support 89.31
High 109.50
High Date 09/09/2025
Low 90.69
Low Date 10/01/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 34.98
Low Date 06/16/2022
High 109.50
High Date 09/09/2025
Description Value
Direction Up
Chart Pattern Ascending Triangle
Status Broken Resistance
Resistance 48.80
Support 42.67
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.