Technical Analysis for BSX - Boston Scientific Corporation

Grade Last Price % Change Price Change
A 74.16 -0.52% -0.39
BSX closed up 0.13 percent on Thursday, May 16, 2024, on approximately normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. The bulls were able to push the stock to a new 52-week high. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
New 52 Week Closing High Bullish -0.52%
NR7 Range Contraction -0.52%
Narrow Range Bar Range Contraction -0.52%
New 52 Week High Strength -0.52%
Stochastic Reached Overbought Strength -0.52%
Overbought Stochastic Strength -0.52%
Up 3 Days in a Row Strength -0.52%
New 52 Week Closing High Bullish -0.39%
New 52 Week High Strength -0.39%
Gapped Up Strength -0.39%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakdown about 2 hours ago
Outside Day about 2 hours ago
Fell Below Previous Day's Low about 2 hours ago
Rose Above Previous Day's High about 3 hours ago
New 52 Week High about 3 hours ago

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Profile

Boston Scientific Corporation Description

Boston Scientific Corporation develops, manufactures, and markets medical devices used in various interventional medical specialties worldwide. The company offers interventional cardiology products, including coronary stent systems used in the treatment of coronary artery disease; coronary technology products, such as balloon catheters, rotational atherectomy systems, guide wires, guide catheters, embolic protection devices, and diagnostic catheters used in percutaneous transluminal coronary angioplasty; intraluminal ultrasound imaging catheters and systems for use in coronary arteries and heart chambers, as well as peripheral vessels; and structural heart therapy systems. It also provides cardiac rhythm management devices consisting of implantable cardioverter defibrillator systems to detect and treat abnormally fast heart rhythms; and implantable pacemaker systems, including implantable cardiac resynchronization therapy pacemaker systems to treat heart failure. In addition, the company offers endoscopy products, such as devices to treat diseases of the digestive and pulmonary systems; and peripheral interventions to diagnose and treat peripheral vascular disease. Further, it provides stone management products comprising ureteral stents, wires, lithotripsy devices, stone retrieval devices, sheaths, balloons, and catheters to treat urinary stone disease and benign prostatic hyperplasia; and mid-urethral sling products, sling materials, graft materials, pelvic floor reconstruction kits, and suturing devices for women's health. Additionally, it provides neuromodulation products used for the management of chronic pain; and medical technologies used in the diagnosis and treatment of rate and rhythm disorders of the heart, such as radio frequency (RF) generators, steerable RF ablation catheters, intracardiac ultrasound catheters, diagnostic catheters, delivery sheaths, and other accessories. The company was founded in 1979 and is headquartered in Natick, Massachusetts.


Classification

Sector: Healthcare
Industry: Medical Devices
Keywords: S&P 500 Medicine Clinical Medicine Disease IBD 50 Medical Technology Catheter Technology Products Chronic Pain Heart Failure Interventional Radiology Ultrasound Cardiology Neuromodulation Prosthetics Ablation Cardiac Electrophysiology Artery Endoscopy Protection Devices Medical Technologies Artery Disease Benign Prostatic Hyperplasia Biomedical Engineering Hyperplasia Peripheral Vascular Disease Coronary Artery Disease Interventional Cardiology Angiography Angioplasty Balloon Catheter Percutaneous Neuromodulation Products Artificial Cardiac Pacemaker Embolic Protection Device Endoscopy Products Lithotripsy Rhythm Disorders Synchronization

Is BSX a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 74.765
52 Week Low 48.35
Average Volume 6,263,338
200-Day Moving Average 59.43
50-Day Moving Average 69.58
20-Day Moving Average 72.35
10-Day Moving Average 73.46
Average True Range 1.19
RSI (14) 66.67
ADX 33.43
+DI 27.11
-DI 13.66
Chandelier Exit (Long, 3 ATRs) 71.18
Chandelier Exit (Short, 3 ATRs) 70.38
Upper Bollinger Bands 76.21
Lower Bollinger Band 68.48
Percent B (%b) 0.79
BandWidth 10.68
MACD Line 1.41
MACD Signal Line 1.36
MACD Histogram 0.051
Fundamentals Value
Market Cap 109.21 Billion
Num Shares 1.46 Billion
EPS 1.07
Price-to-Earnings (P/E) Ratio 69.67
Price-to-Sales 6.74
Price-to-Book 5.08
PEG Ratio 2.03
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 75.44
Resistance 3 (R3) 75.41 75.09 75.29
Resistance 2 (R2) 75.09 74.86 75.10 75.24
Resistance 1 (R1) 74.82 74.72 74.95 74.85 75.19
Pivot Point 74.50 74.50 74.56 74.51 74.50
Support 1 (S1) 74.23 74.27 74.36 74.26 73.91
Support 2 (S2) 73.91 74.13 73.92 73.86
Support 3 (S3) 73.64 73.91 73.81
Support 4 (S4) 73.67