Boston Scientific Corporation (BSX) “On a long-term technical basis, the stock (BSX) is trading below its 200-day moving average which generally implies it is in a negative trend.

The stock has support at 33.77 and 24.10. If the stock breaks down through support at 33.77 then it will probably continue lower to 24.10. The stock has resistance at 36.05 and at 37.95. If the stock breaks up through resistance at 36.05 then it will probably continue higher to 37.95. The 200-day moving average is at 37.52. This will also act as resistance. However, the stock has broken out of its long-term downtrend according to the fibonacci fan, which is significant. If the stock can form new support above 33.77 look for a rally to previous highs. The stock is extremely oversold according to the Stochastic Indicator (7.54).”

Boston Scientific Corporation (BSX) “On a long-term technical basis, the stock (BSX) is trading above its 200-day moving average which generally implies it is in a positive trend.

The stock has support at 37.95 and 36.05. If the stock breaks down through support at 37.95 then it will probably continue lower to 36.05. The stock has resistance at 39.33 and at 42.37. If the stock breaks up through resistance at 39.33 then it will probably continue higher to 42.37. The 200-day moving average is at 37.95. This will also act as support. However, the stock has broken out of its long-term downtrend according to the fibonacci fan, which is significant. If the stock can form new support above 37.95 look for a rally to previous highs. The stock is neutral according to the Stochastic Indicator (62.00).”

Boston Scientific Corporation (BSX) “On a long-term technical basis, the stock (BSX) is trading below its 200-day moving average which generally implies it is in a negative trend.

The stock has support at 28.72 and 24.10. If the stock breaks down through support at 28.72 then it will probably continue lower to 24.10. The stock has resistance at 34.10 and at 36.53. If the stock breaks up through resistance at 34.10 then it will probably continue higher to 36.53. The 200-day moving average is at 39.24. This will also act as resistance. However, the stock has broken out of its long-term downtrend according to the fibonacci fan, which is significant. If the stock can form new support above 28.72 look for a rally to previous highs. The stock is extremely oversold according to the Stochastic Indicator (24.57).”

Boston Scientific Corporation (BSX) “On a long-term technical basis, the stock (BSX) is trading below its 200-day moving average which implies it is in a negative trend.

The stock has support at 35.44 and 32.06. If the stock breaks down through support at 35.44 then it will probably continue lower to 32.06. The stock has resistance at 37.88 and at 39.92. If the stock breaks up through resistance at 37.88 then it will probably continue higher to 39.92. The 200-day moving average is at 39.92. This will also act as resistance. The stock has broken out of its long-term downtrend and is looking more positive recently. If the stock can form new support above 35.44 look for a rally to previous highs. The stock is neutral according to the Stochastic Indicator (39.94).”