NYSE:BSX • US1011371077
Overall BSX gets a technical rating of 0 out of 10. 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.
BSX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
72.74
We found 1 important support area.
We can see 7 important resistance areas.
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 is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BSX is down. |
| ChartMill Relative Strength | 12.41 | NEGATIVE | BSX has a low relative strength, it was outperformed by 87.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BSX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BSX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BSX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 28.42 | OVERSOLD | The low RSI value suggests BSX may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests BSX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.17 | OVERSOLD | The low Stochastics value suggests BSX may be oversold. |
| Average True Range in percent/ATR (20) | 3.8 | MEDIUM VOLATILITY | The ATR as a percentage value for BSX suggests some volalility. |
| Average Directional Index/ADX (14) | 36.3 | POSITIVE | The high ADX value value for BSX suggests a strong trend. |
74.58
-1.14 (-1.51%)
ChartMill assigns a technical rating of 0 / 10 to BSX.
The current trend direction for BOSTON SCIENTIFIC CORP (BSX) is Bearish.
BOSTON SCIENTIFIC CORP (BSX) has an RSI value of 28.4224. This indicates that the stock is currently oversold.
The MACD indicator for BOSTON SCIENTIFIC CORP (BSX) has a value of -0.214365, indicating a bearish trend.
BOSTON SCIENTIFIC CORP (BSX) has a support level at 74.57 and a resistance level at 76.29. Check the full technical report for our detailed analysis of BSX support and resistance levels.