BOSTON SCIENTIFIC CORP (1BSX.MI) Stock Technical Analysis
BIT:1BSX - Euronext Milan - US1011371077 - Common Stock - Currency: EUR
We assign a technical rating of 4 out of 10 to 1BSX. 1BSX has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
1BSX has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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87.52
When analyzing the support we notice one important area.
- A support zone ranging from 88.40 to 88.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for 1BSX.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 1BSX.MI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | 1BSX.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of 1BSX.MI is above the rising SMA(20). |
| Relative Strength Index/RSI (14) | 67.65 | NEUTRAL | The RSI value for 1BSX.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.52 | NEGATIVE | The MACD value suggests 1BSX.MI has a negative trend. |
| Stochastics (14,3) | 43.66 | NEUTRAL | The Stochastics value for 1BSX.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.18 | MEDIUM VOLATILITY | The ATR as a percentage value for 1BSX.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 64.14 | POSITIVE | The high ADX value value for 1BSX.MI suggests a strong trend. |
BIT:1BSX (7/28/2025, 7:00:00 PM)
91.6
+3.2 (+3.62%)