BOSTON SCIENTIFIC CORP (BSX)
US1011371077 - Common Stock
Taking everything into account, BSX scores 8 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, BSX did better than 90% of all other stocks. We also observe that the gains produced by BSX over the past year are nicely spread over this period.
BSX is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 86% of 187 stocks in the same industry.
BSX is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so BSX is leading the market.
BSX has an average volume of 6104890 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month BSX has a been trading in a tight range between 87.25 and 91.93.
BSX has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 88.94, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
79.64
92.42
3 important support areas can be observed.
- A support zone ranging from 86.40 to 88.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 82.52 to 83.83. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @80.44 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 89.65 to 91.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.01
Mansfield0.76
10 Day High91.59
10 Day Low87.25
20 Day High91.93
20 Day Low87.25
52 Week High91.93
52 Week Low55.69
Performance
1 Week-1.29%
2 Weeks-1.24%
1 Month-2.79%
3 Month5.99%
6 Month14.46%
12 Month59.12%
2 Year92.24%
3 Year109.39%
5 Year96.71%
10 Year571.32%
15 Year888.33%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.35
RSI(14)48.18
LBB88.17
UBB91.61
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 89.66 | 87.24 | 2.42 (2.70%) | 25.00% |
| An entry @89.66. This is a Buy Stop order right above the 10 day moving average. | An exit @87.24. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.42 points, which is 2.70%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.68%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BOSTON SCIENTIFIC CORP
NYSE:BSX (12/20/2024, 8:04:01 PM)
After market: 88.95 0 (0%)88.95
+0.29 (+0.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg0.33%
1 Week-1.29%
2 Weeks-1.24%
1 Month-2.79%
3 Month5.99%
6 Month14.46%
12 Month59.12%
2 Year92.24%
3 Year109.39%
5 Year96.71%
10 Year571.32%
15 Year888.33%
Volatility
ATR(14)1.5
ATR(20)%1.75%
ATR Inc40.22%
Range Today2.42
ADR(20)1.55
ADR(20)%1.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.01
Mansfield0.76
10 Day High91.59
10 Day Low87.25
20 Day High91.93
20 Day Low87.25
52 Week High91.93
52 Week Low55.69
CS1 End88.94
CR1 Start89.65
Volume & EV
DER(3)-1.17%
DER(5)-1.39%
Volume15.91M
Volume Incr51.21%
Vol(5)7.45M
Vol(50)6.10M