BAUSCH HEALTH COS INC (BHC.CA) Stock Technical Analysis
TSX:BHC - CA0717341071 - Common Stock
10.38 CAD
-0.05 (-0.48%)
Overall BHC gets a technical rating of 8 out of 10. BHC has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
BHC is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 84% of 34 stocks in the same industry.
When comparing the yearly performance of all stocks, we notice that BHC is one of the better performing stocks in the market, outperforming 86% of all stocks. However, this relatively good performance is mostly due to a recent big move.
BHC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BHC is lagging the market.
In the last month BHC has a been trading in the 7.64 - 11.97 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although BHC has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
5.95
12.83
3 important support areas can be observed.
- A support zone ranging from 10.37 to 10.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.38 from a trend line in the daily time frame.
- Support @6.01 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- Resistance @11.24 from a horizontal line in the daily time frame.
- A resistance zone ranging from 11.53 to 11.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @12.70 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for BHC.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BHC.CA is up. |
| ChartMill Relative Strength | 86.81 | POSITIVE | BHC.CA has a high relative strength, it outperformed 86.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BHC.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BHC.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BHC.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.54 | NEUTRAL | The RSI value for BHC.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests BHC.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 63.83 | NEUTRAL | The Stochastics value for BHC.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.58 | HIGH VOLATILITY | The high ATR as a percentage value for BHC.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 36.94 | POSITIVE | The high ADX value value for BHC.CA suggests a strong 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 (8/22/2025, 7:00:00 PM)
10.38
-0.05 (-0.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-0.48%
1 Week-9.9%
2 Weeks30.9%
1 Month12.22%
3 Month69.61%
6 Month-0.29%
12 Month31.23%
2 Year-7.98%
3 Year31.73%
5 Year-52.06%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.6
ATR(20)%5.58%
ATR Inc-51.92%
Range Today0.33
ADR(20)0.52
ADR(20)%5.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.81
Mansfield-0.14
10 Day High11.97
10 Day Low7.93
20 Day High11.97
20 Day Low7.64
52 Week High13.74
52 Week Low5.91
CS1 End10.37
CR1 Start11.24
Volume & EV
DER(3)-1.84%
DER(5)-0.37%
Volume317.76K
Volume Incr-20.95%
Vol(5)405.38K
Vol(50)462.25K