BOSTON SCIENTIFIC CORP (BSX.DE) Stock Technical Analysis
FRA:BSX - Deutsche Boerse Ag - US1011371077 - Common Stock - Currency: EUR
We assign a technical rating of 3 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.
Warning: BSX has an average volume of 382 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When comparing the yearly performance of all stocks, we notice that BSX is one of the better performing stocks in the market, outperforming 77% of all stocks. On top of that, BSX also shows a nice and consistent pattern of rising prices.
BSX is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 77% of 59 stocks in the same industry.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
BSX is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BSX is lagging the market slightly.
In the last month BSX has a been trading in the 84.00 - 95.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BSX has a poor technical rating and the quality of the setup is also not perfect 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.
More info and screens
80.78
96.46
We found 3 important support areas.
- A support zone ranging from 86.05 to 86.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @83.21 from a trend line in the daily time frame.
- Support @81.60 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 88.54 to 92.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 94.60 to 95.50. 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 | NEUTRAL | NEUTRAL | The long term trend for BSX.DE is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BSX.DE is down. |
| ChartMill Relative Strength | 77.33 | POSITIVE | BSX.DE has a high relative strength, it outperformed 77.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BSX.DE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BSX.DE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BSX.DE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.64 | NEUTRAL | The RSI value for BSX.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.46 | NEGATIVE | The MACD value suggests BSX.DE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 37.91 | NEUTRAL | The Stochastics value for BSX.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 1.88 | LOW VOLATILITY | The low ATR as a percentage value for BSX.DE suggests low volalility. |
| Average Directional Index/ADX (14) | 19.28 | NEGATIVE | The low ADX value for BSX.DE suggests a weak or negative trend. |
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)
FRA:BSX (6/17/2025, 7:00:00 PM)
88.4
+0.2 (+0.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg0.23%
1 Week0.23%
2 Weeks-2.86%
1 Month-6.55%
3 Month-4.95%
6 Month3.39%
12 Month21.93%
2 Year78.48%
3 Year146.76%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.79
ATR(20)%1.88%
ATR Inc-27.78%
Range Today1.2
ADR(20)1.35
ADR(20)%1.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.33
Mansfield0.06
10 Day High91.6
10 Day Low84
20 Day High95
20 Day Low84
52 Week High104
52 Week Low65.5
CS1 End86.26
CR1 Start88.54
Volume & EV
DER(3)0%
DER(5)0%
Volume711
Volume Incr-0.34%
Vol(5)356.6
Vol(50)382.22