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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- 6/27/2025 -
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Boston Scientific (BSX) Technical Analysis

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Summary:
Weekly :Broken uptrend resistance line - uptrend exhaustionWilliams' Percentage Range is overboughtBroken trend resistance line
Daily :Lane's Stochastic is strongly overbought20 Day Moving Average has crossed below the 50 Day Moving AverageDaily  MACD line has moved above its signal lineThe price has risen above the Parabolic SARThe price moved above the moving average in the center of the Bollinger Bands
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It was a second consecutive positive week for the Boston Scientific (BSX). During the week, the BSX gained 5.23 points, or 5.16%, and closed at 106.53 on Friday, June 27, 2025. It was the best weekly gain since April 25, 2025. Weekly volume was 25% 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 (41.88) is broken, while daily and weekly technical indicators are overbought. Uptrend 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 resistance line in a long-term trend.

Medium-term trend: [See BSX medium-term trend chart]
A medium-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 3 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The downtrend resistance line (94.66) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. BSX may retest the broken resistance line. It is considered to be a support line now. 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 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. 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 uptrend had started on June 13, 2025 at 98.00 and reached 107.05 on June 27, 2025. BSX gained -9.05 points, or -9.23%, in 14 days. The price is now at the 5.75% retracement level.

Daily Technical Indicators: [See BSX daily technical indicators chart]
Daily Lane's Stochastic is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Lane's Stochastic. 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.

During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward 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 moved above the moving average in the center of the Bollinger Bands. 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.

During the last week, the 20 Day Moving Average 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 67.79
Williams' Percentage Range (W%R) 25.60
Lane's Stochastic (%D-Slow) 93.67
Strong Overbought
Greed/Fear Indicator (GFI) 78.61
Moving Average Converg./Diverg. (MACD) -0.05
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 56.32
Williams' Percentage Range (W%R) 11.60
Overbought
Lane's Stochastic (%D-Slow) 75.41
Greed/Fear Indicator (GFI) 72.51
Moving Average Converg./Diverg. (MACD) 3.61
Trading Signals
Description Value Chart
Upper Bollinger Band 107.06
Daily Stochastic Crossing 106.58
Price 106.53
Weekly Stochastic Crossing 104.51
Weekly Trendline Resistance 103.81
50 Day Moving Average 102.45
20 Day Moving Average 102.24
Parabolic System 101.30
Lower Bollinger Band 98.61
Weekly Trendline Support 94.66
Sector and Industry
Description Name Rank
Sector Health Care 3
Industry Health Care Equipment 57
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 98.00
Low Date 06/13/2025
High 107.05
High Date 06/27/2025
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Broken Resistance
Resistance 103.81
Support 94.66
High 107.06
High Date 05/21/2025
Low 98.00
Low Date 06/13/2025
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 48.35
Low Date 10/13/2023
High 107.20
High Date 02/05/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 34.98
Low Date 06/16/2022
High 107.20
High Date 02/05/2025
Description Value
Direction Up
Chart Pattern Ascending Triangle
Status Broken Resistance
Resistance 48.70
Support 41.88
Low 4.79
Low Date 07/26/2012
High 107.20
High Date 02/05/2025
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.