The Greedy Trader Weekly Analysis
Sign In Jul 24, 2026
Skip Navigation Links
Share
Number of records: 3
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns
• 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
- 7/17/2026 -
Sign In to see current Signals.

Boston Scientific (BSX) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Overbought sectorWilliams' Percentage Range and Lane's Stochastic are oversoldTrend support at 41.53
Daily :The price has fallen below the Parabolic SAR
Move cursor over the icon to see details.

It was the negative week for the Boston Scientific (BSX). During the week, the BSX dropped -0.74 points, or -1.65%, and closed at 44.03 on Friday, July 17, 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 November 13, 2025 at 105.65 and reached 42.20 on July 15, 2026. BSX lost 63.45 points, or 60.06%, in 34 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The price is near the trend support (41.53) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a medium-term trend.

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. 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 July 15, 2026 at 42.20 and reached 45.45 on July 16, 2026. BSX gained -3.25 points, or -7.70%, in 1 days. The price is now at the 43.69% retracement level.

Daily Technical Indicators: [See BSX daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is above its signal line since June 22, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.

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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 49.08
Williams' Percentage Range (W%R) 27.60
Lane's Stochastic (%D-Slow) 37.77
Greed/Fear Indicator (GFI) 53.09
Moving Average Converg./Diverg. (MACD) -1.63
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 24.73
Williams' Percentage Range (W%R) 91.30
Strong Oversold
Lane's Stochastic (%D-Slow) 7.42
Strong Oversold
Greed/Fear Indicator (GFI) 17.81
Oversold
Moving Average Converg./Diverg. (MACD) -10.66
Trading Signals
Description Value Chart
50 Day Moving Average 48.57
Upper Bollinger Band 46.74
Parabolic System 45.93
20 Day Moving Average 44.30
Price 44.03
Weekly Stochastic Crossing 43.59
Daily Stochastic Crossing 43.28
Lower Bollinger Band 43.28
Monthly Trendline Support 41.53
Sector and Industry
Description Name Rank
Sector Health Care 10
Industry Health Care Equipment 49
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 42.20
Low Date 07/15/2026
High 45.45
High Date 07/16/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 42.20
Low Date 07/15/2026
High 45.45
High Date 07/16/2026
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Test Support
Resistance 84.21
Support 41.53
High 105.65
High Date 11/13/2025
Low 42.20
Low Date 07/15/2026
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.