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published in Blogs
Jun 01, 2023

Boston Scientific Corp (BSX, $51.06): Riding the Wave of a Monthly Bullish Trend

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Boston Scientific Corp (BSX, $51.06) is making waves in the market as it enters a monthly bullish trend, indicating the potential for an Uptrend continuation. A.I.dvisor's prediction suggests that the stock is expected to grow by 4% to $53.10 or more within the next month. This presents an exciting opportunity for investors to capitalize on the company's upward momentum.

Today, Boston Scientific Corp's stock has traded between $50.75 and $51.53, demonstrating a steady performance. While volume remains light, with 4,032,198 shares traded compared to the average volume of 10,238,066 shares, the stock's bullish trend suggests positive investor sentiment and potential growth in the near future.

Boston Scientific Corp (BSX) stands out in the medical devices' industry, earning a high ranking of 98 in the Investors Observer's industry group rating. With an overall rating of 76, Boston Scientific Corp surpasses 76% of stocks, highlighting its strong performance relative to its peers. In the competitive landscape of medical devices, the company secures an impressive position at number 30 out of 148 industries.

The company's success is attributed to its dedication to innovation and the development of cutting-edge medical technologies. Boston Scientific Corp's commitment to advancing patient care through breakthrough solutions has established it as a trusted leader in the industry. With a broad range of medical devices and solutions, the company addresses critical healthcare needs and delivers value to healthcare providers and patients worldwide.

As Boston Scientific Corp enters a monthly bullish trend, investors can have confidence in the potential for Uptrend continuation. By analyzing historical scenarios where the stock trended up during the month, A.I.dvisor estimates the odds of an Uptrend continuation at 88%. While past performance is not indicative of future results, this information can guide investors in making informed decisions aligned with their investment goals.

Investors interested in capitalizing on Boston Scientific Corp's positive momentum should stay informed about relevant market updates and company-specific news. Monitoring key indicators and industry trends will enable investors to navigate the dynamic market landscape and make strategic investment choices.

As Boston Scientific Corp (BSX) rides the wave of a monthly bullish trend, investors have an exciting opportunity to participate in the anticipated Uptrend continuation. With a positive growth projection and a strong position in the competitive medical devices industry, Boston Scientific Corp showcases its potential for sustained success and provides an attractive option for investors seeking to maximize their returns.

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Related Ticker: BSX

BSX in +1.57% Uptrend, rising for three consecutive days on October 17, 2025

Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where BSX advanced for three days, in of 351 cases, the price rose further within the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where BSX's RSI Indicator exited the oversold zone, of 13 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on October 15, 2025. You may want to consider a long position or call options on BSX as a result. In of 92 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for BSX just turned positive on October 08, 2025. Looking at past instances where BSX's MACD turned positive, the stock continued to rise in of 45 cases over the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.

BSX moved below its 50-day moving average on September 11, 2025 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for BSX crossed bearishly below the 50-day moving average on September 17, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 12 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

The 50-day moving average for BSX moved below the 200-day moving average on October 16, 2025. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where BSX declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

BSX broke above its upper Bollinger Band on October 17, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

The Aroon Indicator for BSX entered a downward trend on October 10, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 93, placing this stock better than average.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. BSX’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (6.557) is normal, around the industry mean (61.544). P/E Ratio (59.071) is within average values for comparable stocks, (37.720). Projected Growth (PEG Ratio) (1.509) is also within normal values, averaging (1.699). BSX has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.019). P/S Ratio (8.000) is also within normal values, averaging (79.813).

Notable companies

The most notable companies in this group are Abbott Laboratories (NYSE:ABT), Boston Scientific Corp (NYSE:BSX), Medtronic plc (NYSE:MDT), Edwards Lifesciences Corp (NYSE:EW).

Industry description

The medical/nursing services includes companies that provide medical-related services such as ambulance services, dialysis centers, respiratory therapy, blood testing and rehabilitation services. DaVita Inc., Chemed Corporation and Guardant Health, Inc. are examples of companies in this industry.

Market Cap

The average market capitalization across the Medical/Nursing Services Industry is 5.65B. The market cap for tickers in the group ranges from 1.86K to 223.72B. ABT holds the highest valuation in this group at 223.72B. The lowest valued company is CSAY at 1.86K.

High and low price notable news

The average weekly price growth across all stocks in the Medical/Nursing Services Industry was 1%. For the same Industry, the average monthly price growth was 3%, and the average quarterly price growth was 19%. KLYG experienced the highest price growth at 68%, while WOK experienced the biggest fall at -49%.

Volume

The average weekly volume growth across all stocks in the Medical/Nursing Services Industry was -24%. For the same stocks of the Industry, the average monthly volume growth was 8% and the average quarterly volume growth was -16%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 54
P/E Growth Rating: 76
Price Growth Rating: 59
SMR Rating: 88
Profit Risk Rating: 92
Seasonality Score: 12 (-100 ... +100)
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These past five trading days, the stock lost 0.00% with an average daily volume of 0 shares traded.The stock tracked a drawdown of 0% for this period. BSX showed earnings on July 23, 2025. You can read more about the earnings report here.
A.I. Advisor
published General Information

General Information

a maker of medical devices

Industry MedicalNursingServices

Profile
Fundamentals
Details
Industry
Medical Specialties
Address
300 Boston Scientific Way
Phone
+1 508 683-4000
Employees
48000
Web
https://www.bostonscientific.com