The Greedy Trader Weekly Analysis
Sign In Aug 22, 2025
Skip Navigation Links
Share
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Archive
- 8/15/2025 -
Sign In to see current Signals.

Boston Scientific (BSX) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Broken trend support lineWilliams' Percentage Range is overboughtBroken trend resistance line
Daily :Bearish Dark Cloud Cover CandlestickPrice is near the Fibonacci 23.6% retracement levelPrice is close to the 50 Day Moving Average
Move cursor over the icon to see details.

It was a first positive week for the Boston Scientific (BSX). During the week, the BSX climbed 0.03 points, or 0.03%, and closed at 103.17 on Friday, August 15, 2025. Weekly volume was -11% below 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 108.94 on July 23, 2025. BSX gained -104.15 points, or -2174.32%, in 677 weeks. The chart has formed a Ascending Triangle chart pattern. The uptrend resistance line (42.28) 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 108.94 on July 23, 2025. BSX gained -22.96 points, or -26.70%, in 15 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (108.72) is broken. A broken support is considered to be a long-term bearish 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 support in a medium-term trend.

Weekly Technical Indicators: [See BSX weekly technical indicators chart]
Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range. 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 Williams' Percentage Range 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 July 23, 2025 at 108.94 and reached 101.60 on August 6, 2025. BSX lost 7.34 points, or 6.74%, in 14 days. Price is near the Fibonacci 23.6% 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.

The daily MACD line is below its signal line since August 4, 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.

Price is close to the 50 Day Moving Average. 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.

Candlestick pattern: [See BSX candlestick chart pattern]
On Friday the chart has formed a Bearish Dark Cloud Cover Candlestick pattern. Bearish Dark Cloud Cover pattern is a trend reversal indicator which signifies the end of an uptrend and the start of a downtrend. The reliability of the Bearish Dark Cloud Cover pattern is considered a highly reliable pattern of market reversalUse the Technical Stock Screener to see the list of stocks that had a Bearish Dark Cloud Cover Candlestick pattern during the last week.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 38.81
Williams' Percentage Range (W%R) 61.60
Lane's Stochastic (%D-Slow) 27.45
Greed/Fear Indicator (GFI) 34.89
Moving Average Converg./Diverg. (MACD) -0.03
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 50.57
Williams' Percentage Range (W%R) 19.70
Overbought
Lane's Stochastic (%D-Slow) 61.27
Greed/Fear Indicator (GFI) 62.86
Moving Average Converg./Diverg. (MACD) 2.99
Trading Signals
Description Value Chart
Weekly Trendline Resistance 109.38
Weekly Trendline Support 108.72
Upper Bollinger Band 107.29
Weekly Stochastic Crossing 105.82
Parabolic System 105.31
20 Day Moving Average 104.62
50 Day Moving Average 103.56
Price 103.17
Daily Stochastic Crossing 102.70
Lower Bollinger Band 100.69
Sector and Industry
Description Name Rank
Sector Health Care 4
Industry Health Care Equipment 65
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 108.94
High Date 07/23/2025
Low 101.60
Low Date 08/06/2025
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Support
Resistance 109.38
Support 108.72
Low 85.98
Low Date 04/07/2025
High 108.94
High Date 07/23/2025
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 48.35
Low Date 10/13/2023
High 108.94
High Date 07/23/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 34.98
Low Date 06/16/2022
High 108.94
High Date 07/23/2025
Description Value
Direction Up
Chart Pattern Ascending Triangle
Status Broken Resistance
Resistance 48.75
Support 42.28
Low 4.79
Low Date 07/26/2012
High 108.94
High Date 07/23/2025
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.