|
|
S&P 500 Oversold StocksArchive
- 5/29/2026 -
Sign In to see current Signals. |
Boston Scientific (BSX) Technical Analysis
|
 |
| Summary:
| | Weekly : | | Daily :
Move cursor over the icon to see details.
| | It was the negative week for the Boston Scientific (BSX). During the week, the BSX dropped -9.47 points, or -16.39%, and closed at 48.31 on Friday, May 29, 2026. It was the worst weekly loss since February 6, 2026. Weekly volume was 224% above average.
BSX is a member of Health Care Sector. Health Care is the most oversold 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 downtrend had started on September 9, 2025 at 109.50 and reached 48.13 on May 29, 2026. BSX lost 61.37 points, or 56.05%, in 37 weeks. The chart has formed a Descending Triangle chart pattern. The downtrend support line (89.85) 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 48.13 on May 29, 2026. BSX lost 57.52 points, or 54.44%, in 28 weeks. Price is near the trend low.
 Weekly Technical Indicators: [See BSX weekly technical indicators chart]
Weekly Williams' Percentage Range and Lane's Stochastic are strongly oversold. Use the Technical Stock Screener to see the list of stocks with weekly strongly oversold 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 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 48.13 on May 29, 2026. BSX lost 10.38 points, or 17.74%, in 7 days. Price is near the trend low.
 Daily Technical Indicators: [See BSX daily technical indicators chart]
Daily Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with daily strongly oversold Williams' Percentage Range.
During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.
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.
The price has closed on Friday below the lower Bollinger Band. It is considered a bearish signal. 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.
| |
|
|