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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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- 1/9/2026 -
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Boston Scientific (BSX) Technical Analysis

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Summary:
Weekly :Overbought sectorBroken trend resistance line
Daily :Williams' Percentage Range is overboughtPrice is close to the 50 Day Moving AverageThe price moved above the moving average in the center of the Bollinger Bands
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It was a first positive week for the Boston Scientific (BSX). During the week, the BSX gained 2.93 points, or 3.09%, and closed at 97.64 on Friday, January 9, 2026. Weekly volume was 7% 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 uptrend had started on July 26, 2012 at 4.79 and reached 109.50 on September 9, 2025. BSX gained -104.71 points, or -2186.01%, in 684 weeks. The chart has formed a Ascending Triangle chart pattern. The uptrend resistance line (43.45) 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 September 9, 2025 at 109.50 and reached 90.42 on December 16, 2025. BSX lost 19.08 points, or 17.42%, in 14 weeks. The chart has formed a Descending Triangle chart pattern. The trend support level is at 90.34 and resistance is at 102.54. A Descending Triangle is a variation of triangle formation that has a flat support line and falling resistance line. The lower highs indicate the decreasing demand and give the descending triangle definitive bearish bias. A Descending Triangle usually represents a distribution stage in bearish market. A Descending Triangle is considered to be a continuation pattern, especially in a down trend, but it may also mark a reversal in an uptrend. Use the following link to access a Descending Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Descending Triangle pattern in a medium-term trend.

Weekly Technical Indicators: [See BSX weekly technical indicators chart]
Weekly technical indicators are neutral.

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 December 16, 2025 at 90.42 and reached 100.90 on January 8, 2026. BSX gained -10.48 points, or -11.59%, in 23 days. The price is now at the 31.11% retracement level.

Daily Technical Indicators: [See BSX daily technical indicators chart]
Daily Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily 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 daily MACD line is above its signal line since December 18, 2025. This is an indication that the short-term trend is up.

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.

Price is close to the 50 Day Moving Average. While daily technical indicators are overbought, the 50 Day Moving Average is considered a resistance level. 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) 58.93
Williams' Percentage Range (W%R) 18.60
Overbought
Lane's Stochastic (%D-Slow) 71.93
Greed/Fear Indicator (GFI) 70.75
Moving Average Converg./Diverg. (MACD) -0.36
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 50.41
Williams' Percentage Range (W%R) 55.30
Lane's Stochastic (%D-Slow) 28.85
Greed/Fear Indicator (GFI) 41.56
Moving Average Converg./Diverg. (MACD) -0.68
Trading Signals
Description Value Chart
Monthly Trendline Resistance 102.54
Upper Bollinger Band 100.34
Daily Stochastic Crossing 99.16
50 Day Moving Average 97.77
Price 97.64
20 Day Moving Average 95.51
Weekly Stochastic Crossing 95.36
Parabolic System 94.79
Lower Bollinger Band 92.73
Monthly Trendline Support 90.34
Sector and Industry
Description Name Rank
Sector Health Care 9
Industry Health Care Equipment 59
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 90.42
Low Date 12/16/2025
High 100.90
High Date 01/08/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 105.65
High Date 11/13/2025
Low 90.42
Low Date 12/16/2025
Description Value
Direction Down
Chart Pattern Descending Triangle
Status Valid
Resistance 102.54
Support 90.34
High 109.50
High Date 09/09/2025
Low 90.42
Low Date 12/16/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 34.98
Low Date 06/16/2022
High 109.50
High Date 09/09/2025
Description Value
Direction Up
Chart Pattern Ascending Triangle
Status Broken Resistance
Resistance 48.90
Support 43.45
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.