BOSTON SCIENTIFIC CORP (BSX) Stock Technical Analysis
NYSE:BSX - New York Stock Exchange, Inc. - US1011371077 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to BSX. Although BSX is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Looking at the yearly performance, BSX did better than 91% 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 part of the Health Care Equipment & Supplies industry. There are 190 other stocks in this industry. BSX outperforms 89% of them.
BSX is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so BSX slightly outperforms the market at the moment.
BSX has an average volume of 8625430 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
In the last month BSX has a been trading in the 85.98 - 104.35 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BSX has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 90.60, a Stop Loss order could be placed below this zone.
More info and screens
88.36
107.24
We found 1 important support area.
- A support zone ranging from 89.25 to 90.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 106.11 to 106.18. This zone is formed by a combination of multiple trend lines 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
CRS91.25
Mansfield1.78
10 Day High97.65
10 Day Low85.98
20 Day High104.35
20 Day Low85.98
52 Week High107.17
52 Week Low66.8
Performance
1 Week2.68%
2 Weeks-3.43%
1 Month-6.29%
3 Month-3.59%
6 Month8.01%
12 Month41.27%
2 Year82.5%
3 Year125.89%
5 Year153.79%
10 Year433.78%
15 Year1282.56%
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)-0.02
RSI(14)45.8
LBB88.14
UBB102.5
95.12
-0.13 (-0.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-0.14%
1 Week2.68%
2 Weeks-3.43%
1 Month-6.29%
3 Month-3.59%
6 Month8.01%
12 Month41.27%
2 Year82.5%
3 Year125.89%
5 Year153.79%
10 Year433.78%
15 Year1282.56%
Volatility
ATR(14)4.35
ATR(20)%3.91%
ATR Inc-54.13%
Range Today1.39
ADR(20)3.43
ADR(20)%3.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.25
Mansfield1.78
10 Day High97.65
10 Day Low85.98
20 Day High104.35
20 Day Low85.98
52 Week High107.17
52 Week Low66.8
CS1 End90.6
CR1 Start106.11
Volume & EV
DER(3)1.16%
DER(5)0.94%
Volume6.67M
Volume Incr-22.76%
Vol(5)7.47M
Vol(50)8.63M