BOSTON SCIENTIFIC CORP (BSX)

US1011371077 - Common Stock

72.91  +3.92 (+5.68%)

Premarket: 72.65 -0.26 (-0.36%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to BSX. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BSX is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that BSX is one of the better performing stocks in the market, outperforming 89% 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 87% of 195 stocks in the same industry.
A new 52 week high is currently being made by BSX, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so BSX is leading the market.
In the last month BSX has a been trading in the 66.80 - 74.39 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
BSX has an average volume of 6195900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
BSX Weekly chart
BSX Daily chart
Setup Rating and Analysis

2

Although BSX has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

51.87

73.64

3 important support areas can be observed.

  • A support zone ranging from 66.21 to 68.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @55.00 from a trend line in the weekly time frame.
  • Support @52.39 from a trend line in the weekly time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.43
Mansfield1.67
10 Day High74.39
10 Day Low66.8
20 Day High74.39
20 Day Low66.8
52 Week High74.39
52 Week Low48.35
Performance
1 Week7.28%
2 Weeks6.21%
1 Month7.32%
3 Month19.27%
6 Month47.23%
12 Month39.89%
2 Year73.14%
3 Year67.22%
5 Year96.42%
10 Year478.19%
15 Year766.94%
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)0.22
RSI(14)74.87
LBB65.91
UBB71.19
BSX Daily chart

BOSTON SCIENTIFIC CORP

NYSE:BSX (4/24/2024, 7:04:01 PM)

Premarket: 72.65 -0.26 (-0.36%)

72.91

+3.92 (+5.68%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg5.68%
1 Week7.28%
2 Weeks6.21%
1 Month7.32%
3 Month19.27%
6 Month47.23%
12 Month39.89%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.41
ATR(20)%1.74%
ATR Inc
Range Today1.84
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High74.39
10 Day Low66.8
20 Day High74.39
20 Day Low66.8
52 Week High74.39
52 Week Low48.35
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume15.28M
Volume Incr74.18%
Vol(5)8.98M
Vol(50)6.20M