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Health Care Equipment Industry Stocks Technical Analysis - BSXArchive - 6/20/2025 - Sign In to see current Signals. |
Boston Scientific (BSX) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :    Move cursor over the icon to see details.
| | It was a first positive week for the Boston Scientific (BSX). During the week, the BSX gained 1.56 points, or 1.56%, and closed at 101.30 on Friday, June 20, 2025. Weekly volume was 29% above average.
Long-term trend: [See BSX long-term trend chart] A long-term uptrend had started on July 26, 2012 at 4.79 and reached 107.20 on February 5, 2025. BSX gained -102.41 points, or -2138.00%, in 653 weeks. The chart has formed a Ascending Triangle chart pattern. The uptrend resistance line (41.83) 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 uptrend had started on April 7, 2025 at 85.98 and reached 107.06 on May 21, 2025. BSX gained -21.08 points, or -24.52%, in 6 weeks. The price is now at the 27.32% retracement level.
Weekly Technical Indicators: [See BSX weekly technical indicators chart] Weekly technical indicators are neutral. During the last week, weekly Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish 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 link to access Lane's Stochastic help. The weekly MACD line is below its signal line since March 7, 2025. 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 21, 2025 at 107.06 and reached 98.00 on June 13, 2025. BSX lost 9.06 points, or 8.46%, in 23 days. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance 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. The daily MACD line is below its signal line since May 21, 2025. 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. 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 price has crossed below the 50 Day Moving Average. Such crossover is considered a bearish 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.
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