The Greedy Trader Weekly Analysis
Sign In Jun 26, 2026
Skip Navigation Links
Share
Number of records: 4
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

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

Archive
- 6/18/2026 -
Sign In to see current Signals.

Boston Scientific (BSX) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Broken trend support line - Downtrend exhaustionWilliams' Percentage Range and Lane's Stochastic are oversold
Daily :Daily  MACD line has moved below its signal lineLane's Stochastic oversoldWilliams' Percentage Range is strongly oversoldLane's Stochastic and MACD bullish divergenceThe period of high volatility of the stock price
Move cursor over the icon to see details.

It was the negative week for the Boston Scientific (BSX). During the week, the BSX dropped -1.62 points, or -3.45%, and closed at 45.29 on Thursday, June 18, 2026. Weekly volume was 56% above average.

Long-term trend: [See BSX long-term trend chart]
A long-term downtrend had started on September 9, 2025 at 109.50 and reached 44.44 on June 18, 2026. BSX lost 65.06 points, or 59.42%, in 40 weeks. The chart has formed a Descending Triangle chart pattern. The downtrend support line (89.78) 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 January 8, 2026 at 100.90 and reached 44.44 on June 18, 2026. BSX lost 56.46 points, or 55.96%, in 23 weeks. Price is near the trend low.

Weekly Technical Indicators: [See BSX weekly technical indicators chart]
Weekly Williams' Percentage Range and Lane's Stochastic are strongly oversold. Use the Technical Stock Screener to see the list of stocks with weekly strongly oversold 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. 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 22, 2026 at 58.51 and reached 44.44 on June 18, 2026. BSX lost 14.07 points, or 24.05%, in 27 days. The price is now at the 6.04% retracement level.

Daily Technical Indicators: [See BSX daily technical indicators chart]
Daily Lane's Stochastic is oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold daily Lane's Stochastic or strongly oversold daily Williams' Percentage Range. 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 divergence between price and indicator is considering one of the most important buy/sell stocks trading signal.

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

The distance between the Bollinger Bands is 126.68% 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) 28.97
Williams' Percentage Range (W%R) 95.60
Strong Oversold
Lane's Stochastic (%D-Slow) 16.36
Oversold Bullish
Greed/Fear Indicator (GFI) 16.58
Oversold
Moving Average Converg./Diverg. (MACD) -2.72 Bullish
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 20.27
Williams' Percentage Range (W%R) 98.80
Strong Oversold
Lane's Stochastic (%D-Slow) 8.61
Strong Oversold
Greed/Fear Indicator (GFI) 14.54
Oversold
Moving Average Converg./Diverg. (MACD) -9.98 Bullish
Trading Signals
Description Value Chart
Upper Bollinger Band 56.61
50 Day Moving Average 54.92
20 Day Moving Average 49.26
Parabolic System 47.26
Weekly Stochastic Crossing 46.12
Price 45.29
Daily Stochastic Crossing 45.25
Lower Bollinger Band 41.86
Sector and Industry
Description Name Rank
Sector Health Care 5
Industry Health Care Equipment 28
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 58.51
High Date 05/22/2026
Low 44.44
Low Date 06/18/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 100.90
High Date 01/08/2026
Low 44.44
Low Date 06/18/2026
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 105.65
High Date 11/13/2025
Low 44.44
Low Date 06/18/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Descending Triangle
Status Broken Support
Resistance 89.99
Support 89.78
High 109.50
High Date 09/09/2025
Low 44.44
Low Date 06/18/2026
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.