BAUSCH HEALTH COS INC (BHC.CA) Stock Technical Analysis
TSX:BHC - Toronto Stock Exchange - CA0717341071 - Common Stock - Currency: CAD
Taking everything into account, BHC scores 0 out of 10 in our technical rating. BHC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, BHC is a bad performer in the overall market: 93% of all stocks are doing better.
BHC is part of the Pharmaceuticals industry. There are 34 other stocks in this industry, of which 81% are performing better than BHC.
BHC is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so BHC is lagging the market.
In the last month BHC has a been trading in the 6.07 - 7.71 range, which is quite wide. It is currently trading near the lows of this range.
BHC has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 6.01, a Stop Loss order could be placed below this zone.
More info and screens
5.94
9.90
We found 1 important support area.
- A support zone ranging from 6.00 to 6.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 6.23 to 6.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @8.93 from a trend line in the daily time frame.
- Resistance @9.80 from a trend line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for BHC.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BHC.CA is down. |
| ChartMill Relative Strength | 7.01 | NEGATIVE | BHC.CA has a low relative strength, it was outperformed by 92.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BHC.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BHC.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BHC.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.55 | NEUTRAL | The RSI value for BHC.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests BHC.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 26.27 | NEUTRAL | The Stochastics value for BHC.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.32 | MEDIUM VOLATILITY | The ATR as a percentage value for BHC.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 23.27 | NEUTRAL | The ADX value for BHC.CA suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX:BHC (5/30/2025, 7:00:00 PM)
6.22
-0.14 (-2.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-2.2%
1 Week1.63%
2 Weeks-3.42%
1 Month-14.91%
3 Month-42.14%
6 Month-47.95%
12 Month-30.5%
2 Year-44.17%
3 Year-49.39%
5 Year-75.47%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%4.32%
ATR Inc-39.64%
Range Today0.12
ADR(20)0.24
ADR(20)%3.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.01
Mansfield-3.71
10 Day High6.67
10 Day Low6.07
20 Day High7.71
20 Day Low6.07
52 Week High13.74
52 Week Low5.45
CS1 End6.01
CR1 Start6.23
Volume & EV
DER(3)0.98%
DER(5)1.12%
Volume566.07K
Volume Incr-20.79%
Vol(5)309.23K
Vol(50)406.89K