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Downtrend Broken Resist.Archive
- 5/23/2025 -
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Boston Scientific (BSX) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was the negative week for the Boston Scientific (BSX). During the week, the BSX dropped -1.54 points, or -1.45%, and closed at 104.50 on Friday, May 23, 2025. Weekly volume was 21% 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 (41.62) 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 February 5, 2025 at 107.20 and reached 85.98 on April 7, 2025. BSX lost 21.22 points, or 19.79%, in 8 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The downtrend resistance line (73.92) 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 Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly 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. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. 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 May 12, 2025 at 101.82 and reached 107.06 on May 21, 2025. BSX gained -5.24 points, or -5.15%, in 9 days. The price is now at the 48.85% retracement level.
 Daily Technical Indicators: [See BSX daily technical indicators chart]
Daily technical indicators are neutral.
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.
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.
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