- BSX has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $196.2 million.
- BSX has traded 2.0 million shares today.
- BSX is trading at 3.85 times the normal volume for the stock at this time of day.
- BSX crossed below its 200-day simple moving average.
'Roof Leaker' stocks are worth watching because trading stocks that begin to experience a breakdown can lead to potentially massive losses. Once psychological and technical resistance barriers like the 200-day moving average are breached on higher than normal relative volume, the stock may then be subject to emotional selling from investors that can continue to drive the stock lower. Regardless of the impetus behind the price and volume action, when a stock moves with weakness and volume it can indicate the start of a new, potentially dangerous, trend. EXCLUSIVE OFFER: Get the inside scoop on opportunities in BSX with the Ticky from Trade-Ideas. See the FREE profile for BSX NOW at Trade-Ideas More details on BSX: Boston Scientific Corporation develops, manufactures, and markets medical devices for use in various interventional medical specialties worldwide. The company operates in three segments: Cardiovascular, Rhythm Management, and MedSurg. BSX has a PE ratio of 65.1. Currently there are 12 analysts that rate Boston Scientific a buy, no analysts rate it a sell, and 11 rate it a hold.