Stock Trend Analysis Report
Prepared for you on Sunday, June 26, 2022.
Boston Scientific Corporation (NYSE:BSX)
Bear Market Rally (-75) - BSX is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on BSX as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid BSX?
MarketClub looks at technical strength and momentum to determine if the timing is right for BSX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BSX
The long-term trend has been DOWN since May 2nd, 2022 at 40.80
The intermediate-term trend has been DOWN since Apr 26th, 2022 at 43.55
The short-term trend has been UP since Jun 22nd, 2022 at 36.67
Smart Scan Analysis for BSX
Based on our trend formula, BSX is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||39.44||Year High Date||2018-10-02|
|Year Low||24.84||Year Low Date||2018-01-02|
|52wk High||47.495||52wk High Date||2022-04-20|
|52wk Low||34.98||52wk Low Date||2022-06-16|
|Year End Close||5.73||Average Volume||8,814,226|
|Shares Outstanding||1,429,571||Short Interest||20,726,050|
|% Institutional||84.1||Market Cap||58,922M|