Boston Scientific (BSX) Bearish Technical Alert - Trend Down 21.2%

Boston Scientific (NYSE:BSX) is trading 2.6% lower (down $0.21 to $7.94) today on volume of 25,611,107 shares. The stock has traded within a 52-week range of $5.41 and $11.77.

Boston Scientific is currently below its 50-day moving average of $10.40 and below its 200-day moving average of $9.38.

SmarTrend is bearish on shares of BSX and our subscribers received a Downtrend alert on October 02, 2009 at $10.07, which has returned 21.2% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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