The Greedy Trader Weekly Analysis
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Uptrend Exhaustion

Uptrend Exhaustion stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Stock market alert is a warning signal. Uptrend Exhaustion alert indicates that long term uptrend is exhausted and probability of long term trend reversal is high. Uptrend exhaustion stock market alert presents relatively low to medium risk - high reword stock pick for overvalued stocks.

The strategy is based on selling (or taking a short) position on anticipation of uptrend reversal.

Uptrend Exhaustion

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- 9/25/2026 -
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Boston Scientific (BSX) Technical Analysis

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Summary:
Weekly :Overbought sectorWilliams' Percentage Range is oversold
Daily :Stochastic signal line moved above oversold areaDaily  MACD line has moved above its signal linePrice is near the Fibonacci 61.8% retracement level
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It was a second consecutive positive week for the Boston Scientific (BSX). During the week, the BSX gained 0.58 points, or 1.34%, and closed at 43.92 on Friday, September 25, 2026. Weekly volume was 20% above average.

BSX is a member of Health Care Sector. Health Care is the most overbought 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 42.20 on July 15, 2026. BSX lost 67.30 points, or 61.46%, in 44 weeks. Price is near the trend low.

Medium-term trend: [See BSX medium-term trend chart]
A medium-term downtrend had started on August 14, 2026 at 52.99 and reached 42.72 on September 21, 2026. BSX lost 10.27 points, or 19.38%, in 5 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 37.49 and resistance is at 45.23. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a medium-term trend.

Weekly Technical Indicators: [See BSX weekly technical indicators chart]
Weekly Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold 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 above its signal line since July 24, 2026. 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 September 21, 2026 at 42.72 and reached 45.74 on September 23, 2026. BSX gained -3.02 points, or -7.07%, in 2 days. Price is near the Fibonacci 61.8% 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. Use the following link to access Lane's Stochastic help.

During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 32.95
Williams' Percentage Range (W%R) 71.80
Lane's Stochastic (%D-Slow) 57.26
Greed/Fear Indicator (GFI) 39.48
Moving Average Converg./Diverg. (MACD) -1.04
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 46.97
Williams' Percentage Range (W%R) 84.80
Oversold
Lane's Stochastic (%D-Slow) 33.81
Greed/Fear Indicator (GFI) 33.30
Moving Average Converg./Diverg. (MACD) -7.92
Trading Signals
Description Value Chart
Upper Bollinger Band 48.84
50 Day Moving Average 46.88
Parabolic System 45.81
Weekly Stochastic Crossing 45.49
Monthly Trendline Resistance 45.23
20 Day Moving Average 45.20
Daily Stochastic Crossing 44.67
Price 43.92
Lower Bollinger Band 41.68
Monthly Trendline Support 37.49
Sector and Industry
Description Name Rank
Sector Health Care 10
Industry Health Care Equipment 82
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 45.74
High Date 09/23/2026
Low 43.33
Low Date 09/25/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 42.72
Low Date 09/21/2026
High 45.74
High Date 09/23/2026
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Valid
Resistance 45.23
Support 37.49
High 52.99
High Date 08/14/2026
Low 42.72
Low Date 09/21/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 109.50
High Date 09/09/2025
Low 42.20
Low Date 07/15/2026
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.