BIT:BSX - FR0010424135 - ETF
We assign a technical rating of 0 out of 10 to BSX. BSX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, BSX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 7.88, a Stop Loss order could be placed below this zone.
7.70
When analyzing the support we notice one important area.
4 important resistance areas can be observed.
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 | DOWN | NEGATIVE | The long term trend for BSX.MI is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BSX.MI is down. |
ChartMill Relative Strength | 11.69 | NEGATIVE | BSX.MI has a low relative strength, it was outperformed by 88.31% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BSX.MI is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BSX.MI is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BSX.MI is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 44.95 | NEUTRAL | The RSI value for BSX.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests BSX.MI has a positive trend. |
Stochastics (14,3) | 16.55 | OVERSOLD | The low Stochastics value suggests BSX.MI may be oversold. |
Average True Range in percent/ATR (20) | 3.27 | MEDIUM VOLATILITY | The ATR as a percentage value for BSX.MI suggests some volalility. |
Average Directional Index/ADX (14) | 14.3 | NEGATIVE | The low ADX value for BSX.MI suggests a weak or negative trend. |
BIT:BSX (9/5/2025, 2:40:03 PM)
7.925
-0.04 (-0.54%)