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BOSTON SCIENTIFIC CORP (BSX.DE) Stock Technical Analysis

FRA:BSX - Deutsche Boerse Ag - US1011371077 - Common Stock - Currency: EUR

89.6  -2.6 (-2.82%)

Technical Rating and Analysis

4

We assign a technical rating of 4 out of 10 to BSX. In the last year, BSX was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.

Warning: BSX has an average volume of 276 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
BSX is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 70% of 56 stocks in the same industry.
When comparing the yearly performance of all stocks, we notice that BSX is one of the better performing stocks in the market, outperforming 75% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
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 87.00 - 93.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
BOSTON SCIENTIFIC CORP / BSX Weekly stock chart
BOSTON SCIENTIFIC CORP / BSX Daily stock chart
Setup Rating and Analysis

3

BSX has an average technical rating and it also does not offer a high quality setup 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.

Support and Resistance Analysis

80.63

96.46

3 important support areas can be observed.

  • Support @89.06 from a trend line in the weekly time frame.
  • Support @85.60 from a horizontal line in the daily time frame.
  • A support zone ranging from 81.44 to 81.60. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 2 important resistance areas.

  • A resistance zone ranging from 89.65 to 90.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @95.50 from a horizontal line in the daily time frame.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for BSX.DE is up.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for BSX.DE is neutral.
ChartMill Relative Strength75.56POSITIVEBSX.DE has a high relative strength, it outperformed 75.56% off all stocks on the market.
Simple Moving Average/SMA (20)UPMIXEDThe current price of BSX.DE is below the rising SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of BSX.DE is below a declining SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of BSX.DE is above the rising SMA(200).
Relative Strength Index/RSI (14)48.23NEUTRALThe RSI value for BSX.DE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.23POSITIVEThe MACD value suggests BSX.DE has a positive trend, although the MACD value is declining.
Stochastics (14,3)76.67NEUTRALThe Stochastics value for BSX.DE is a neutral value.
Average True Range in percent/ATR (20)1.57LOW VOLATILITYThe low ATR as a percentage value for BSX.DE suggests low volalility.
Average Directional Index/ADX (14)15.52NEGATIVEThe low ADX value for BSX.DE suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
BOSTON SCIENTIFIC CORP / BSX Daily stock chart

BOSTON SCIENTIFIC CORP

FRA:BSX (8/1/2025, 7:00:00 PM)

89.6

-2.6 (-2.82%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-2.82%
1 Week-1.1%
2 Weeks-0.22%
1 Month1.13%
3 Month-2.61%
6 Month-9.49%
12 Month28.92%
2 Year78.34%
3 Year116.82%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.53
ATR(20)%1.57%
ATR Inc16.67%
Range Today2.4
ADR(20)1.07
ADR(20)%1.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.56
Mansfield-0.33
10 Day High93
10 Day Low88.4
20 Day High93
20 Day Low87
52 Week High104
52 Week Low65.5
CS1 End89.06
CR1 Start89.65
Volume & EV
DER(3)0%
DER(5)0%
Volume211
Volume Incr-65.8%
Vol(5)104
Vol(50)276.24