Uptrend Call Working As Boston Scientific Stock Rises 33.7% (BSX)
SmarTrend identified an Uptrend for Boston Scientific (NYSE:BSX) on March 14th, 2016 at $18.01. In approximately 5 months, Boston Scientific has returned 33.66% as of today's recent price of $24.07.
In the past 52 weeks, shares of Boston Scientific have traded between a low of $14.18 and a high of $24.79 and are now at $24.07, which is 70% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 2.0% while the 200-day MA has risen 0.4%.
Boston Scientific Corporation develops, manufactures, and markets minimally invasive medical devices. The Company's products are used in interventional cardiology, cardiac rhythm management, peripheral interventions, electrophysiology, neurovascular intervention, endoscopy, urology, gynecology and neuromodulation.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Boston Scientific shares.
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Keywords: spotlights Boston SCientific