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S&P 500 Overbought StocksArchive
- 5/2/2025 -
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Boston Scientific (BSX) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
Move cursor over the icon to see details.
| | It was a fourth consecutive positive week for the Boston Scientific (BSX). During the week, the BSX gained 3.03 points, or 2.97%, and closed at 104.93 on Friday, May 2, 2025. Weekly volume was 17% 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 (41.44) 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 February 5, 2025 at 107.20 and reached 85.98 on April 7, 2025. BSX lost 21.22 points, or 19.79%, in 8 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The downtrend resistance line (79.40) 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 April 7, 2025 at 85.98 and reached 105.54 on May 2, 2025. BSX gained -19.56 points, or -22.75%, in 25 days. Price is near the trend high.
 Daily Technical Indicators: [See BSX daily technical indicators chart]
Daily Relative Strength Index is overbought while Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Relative Strength Index or strongly overbought daily Williams' Percentage Range and Lane's Stochastic. Use the following links to access Lane's Stochastic and Relative Strength Index help.
The daily MACD line is above its signal line since April 21, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current short-term uptrend is strong.
The distance between the Bollinger Bands is 107.09% 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.
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| Daily Oscillators |
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| Weekly Oscillators |
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| Trading
Signals |
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| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Health Care |
6 |
| Industry |
Health Care Equipment |
57 |
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| Daily Trend |
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Low |
85.98 |
| Low Date |
04/07/2025 |
| High |
105.54 |
| High Date |
05/02/2025 |
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| Weekly Trend |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Broadening Descending Wedge |
| Status |
Broken Resistance |
| Resistance |
102.02 |
| Support |
79.40 |
| High |
107.20 |
| High Date |
02/05/2025 |
| Low |
85.98 |
| Low Date |
04/07/2025 |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
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| Resistance |
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| Support |
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| Low |
48.35 |
| Low Date |
10/13/2023 |
| High |
107.20 |
| High Date |
02/05/2025 |
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| Quarterly Trend |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
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| Resistance |
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| Support |
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| Low |
34.98 |
| Low Date |
06/16/2022 |
| High |
107.20 |
| High Date |
02/05/2025 |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Ascending Triangle |
| Status |
Broken Resistance |
| Resistance |
48.64 |
| Support |
41.44 |
| Low |
4.79 |
| Low Date |
07/26/2012 |
| High |
107.20 |
| High Date |
02/05/2025 |
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