The Greedy Trader Weekly Analysis
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Health Care Equipment Industry Stocks Technical Analysis - BSX

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- 5/15/2026 -
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Boston Scientific (BSX) Technical Analysis

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Summary:
Weekly :Oversold sectorBroken trend support line - Downtrend exhaustionRelative Strength Index oversoldWilliams' Percentage Range and Lane's Stochastic are strongly oversoldRelative Strength Index and Lane's Stochastic bullish divergence
Daily :Williams' Percentage Range oversoldLane's Stochastic is strongly oversoldLane's Stochastic and MACD bullish divergenceThe period of high volatility of the stock price
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It was the negative week for the Boston Scientific (BSX). During the week, the BSX dropped -1.25 points, or -2.32%, and closed at 52.68 on Friday, May 15, 2026. Weekly volume was 51% 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 52.52 on May 15, 2026. BSX lost 56.98 points, or 52.04%, in 35 weeks. The chart has formed a Descending Triangle chart pattern. The downtrend support line (89.90) 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 52.52 on May 15, 2026. BSX lost 53.13 points, or 50.29%, in 26 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. Weekly Relative Strength Index and Lane's Stochastic have bullish divergence. Use the following links to access the Relative Strength Index and Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with weekly Relative Strength Index and Lane's Stochastic bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. 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 April 23, 2026 at 66.88 and reached 52.52 on May 15, 2026. BSX lost 14.36 points, or 21.47%, in 22 days. Price is near the trend low.

Daily Technical Indicators: [See BSX daily technical indicators chart]
Daily Williams' Percentage Range is oversold while Lane's Stochastic is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold daily Williams' Percentage Range or strongly oversold daily Lane's Stochastic. Daily Lane's Stochastic and MACD have bullish divergence. Use the following links to access the Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic and MACD bullish divergence.

The daily MACD line is below its signal line since April 28, 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 122.00% 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) 20.94
Williams' Percentage Range (W%R) 88.40
Oversold
Lane's Stochastic (%D-Slow) 9.13
Strong Oversold Bullish
Greed/Fear Indicator (GFI) 13.90
Oversold
Moving Average Converg./Diverg. (MACD) -2.94 Bullish
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 15.01
Oversold Bullish
Williams' Percentage Range (W%R) 96.50
Strong Oversold
Lane's Stochastic (%D-Slow) 9.47
Strong Oversold Bullish
Greed/Fear Indicator (GFI) 15.68
Oversold
Moving Average Converg./Diverg. (MACD) -8.63 Bullish
Trading Signals
Description Value Chart
Upper Bollinger Band 64.56
50 Day Moving Average 62.95
20 Day Moving Average 57.44
Parabolic System 55.68
Weekly Stochastic Crossing 53.81
Daily Stochastic Crossing 53.10
Price 52.68
Lower Bollinger Band 49.80
Sector and Industry
Description Name Rank
Sector Health Care 1
Industry Health Care Equipment 14
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 66.88
High Date 04/23/2026
Low 52.52
Low Date 05/15/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 100.90
High Date 01/08/2026
Low 52.52
Low Date 05/15/2026
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 105.65
High Date 11/13/2025
Low 52.52
Low Date 05/15/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Descending Triangle
Status Broken Support
Resistance 92.33
Support 89.90
High 109.50
High Date 09/09/2025
Low 52.52
Low Date 05/15/2026
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.