The Greedy Trader Weekly Analysis
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- 6/12/2026 -
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Boston Scientific (BSX) Technical Analysis

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Summary:
Weekly :Broken trend support line - Downtrend exhaustionRelative Strength Index oversoldWilliams' Percentage Range and Lane's Stochastic are strongly oversold
Daily :Relative Strength Index and Williams' Percentage Range are oversoldStochastic signal line moved above oversold areaLane's Stochastic bullish divergenceDaily  MACD line has moved above its signal lineThe period of high volatility of the stock price
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It was the negative week for the Boston Scientific (BSX). During the week, the BSX dropped -1.64 points, or -3.38%, and closed at 46.91 on Friday, June 12, 2026. Weekly volume was 47% 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 45.99 on June 12, 2026. BSX lost 63.51 points, or 58%, in 39 weeks. The chart has formed a Descending Triangle chart pattern. The downtrend support line (89.80) 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 45.99 on June 12, 2026. BSX lost 54.91 points, or 54.42%, in 22 weeks. Price is near the trend low.

Weekly Technical Indicators: [See BSX weekly technical indicators chart]
Weekly Relative Strength Index is oversold while Williams' Percentage Range and Lane's Stochastic are strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold weekly Relative Strength Index or strongly oversold weekly 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, Relative Strength Index 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 45.99 on June 12, 2026. BSX lost 12.52 points, or 21.40%, in 21 days. The price is now at the 7.35% retracement level.

Daily Technical Indicators: [See BSX daily technical indicators chart]
Daily Relative Strength Index and Williams' Percentage Range are oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Relative Strength Index and Williams' Percentage Range. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. Daily Lane's Stochastic has bullish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic 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 above its signal line. Such crossover is considered a bullish signal.

The distance between the Bollinger Bands is 145.69% 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) 11.26
Oversold
Williams' Percentage Range (W%R) 87.10
Oversold
Lane's Stochastic (%D-Slow) 29.99
Bullish
Greed/Fear Indicator (GFI) 18.04
Oversold
Moving Average Converg./Diverg. (MACD) -2.74
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 19.98
Oversold
Williams' Percentage Range (W%R) 96.70
Strong Oversold
Lane's Stochastic (%D-Slow) 8.47
Strong Oversold
Greed/Fear Indicator (GFI) 14.88
Oversold
Moving Average Converg./Diverg. (MACD) -9.77 Bullish
Trading Signals
Description Value Chart
Upper Bollinger Band 58.79
50 Day Moving Average 56.23
20 Day Moving Average 51.17
Parabolic System 49.78
Weekly Stochastic Crossing 48.06
Daily Stochastic Crossing 47.28
Price 46.91
Lower Bollinger Band 42.77
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 45.99
Low Date 06/12/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 100.90
High Date 01/08/2026
Low 45.99
Low Date 06/12/2026
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 105.65
High Date 11/13/2025
Low 45.99
Low Date 06/12/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Descending Triangle
Status Broken Support
Resistance 90.40
Support 89.80
High 109.50
High Date 09/09/2025
Low 45.99
Low Date 06/12/2026
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.