BAUSCH HEALTH COS INC (BHC.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:BHC - CA0717341071 - Common Stock
Overall BHC gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, BHC is a bad performer.
Besides having an excellent technical rating, BHC also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 9.64, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
8.36
3 important support areas can be observed.
- A support zone ranging from 9.19 to 9.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.91 from a trend line in the daily time frame.
- A support zone ranging from 8.44 to 8.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- Resistance @9.85 from a horizontal line in the weekly time frame.
- Resistance @10.10 from a trend line in the daily time frame.
- Resistance @10.33 from a horizontal line in the daily time frame.
- A resistance zone ranging from 10.53 to 10.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for BHC.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BHC.CA is up. |
| ChartMill Relative Strength | 23.26 | NEGATIVE | BHC.CA has a low relative strength, it was outperformed by 76.74% 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) | 59.2 | NEUTRAL | The RSI value for BHC.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests BHC.CA has a positive trend. |
| Stochastics (14,3) | 43.39 | NEUTRAL | The Stochastics value for BHC.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.11 | MEDIUM VOLATILITY | The ATR as a percentage value for BHC.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 21.42 | NEUTRAL | The ADX value for BHC.CA suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 9.86 | 9.23 | 0.63 (6.39%) | 15.65% |
| An entry @9.86. This is a Buy Stop order right above the resistance zone. | An exit @9.23. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.63 points, which is 6.39%. | When investing 15.65% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:BHC (12/24/2025, 7:00:00 PM)
9.84
0 (0%)
BAUSCH HEALTH COS INC / BHC.CA FAQ
What is the ChartMill technical rating of BAUSCH HEALTH COS INC (BHC.CA) stock?
ChartMill assigns a technical rating of 7 / 10 to BHC.CA.
What is the trend direction for BHC stock?
The current trend direction for BAUSCH HEALTH COS INC (BHC.CA) is Bullish.
Can you provide the RSI signal for BAUSCH HEALTH COS INC?
BAUSCH HEALTH COS INC (BHC.CA) has an RSI value of 59.2044. This indicates that the stock is currently neutral.
What is the short term momentum for BHC stock?
The short term momentum for BAUSCH HEALTH COS INC (BHC.CA) is positive.
What is the buy/sell signal for BAUSCH HEALTH COS INC (BHC.CA) stock?
The buy/sell signal for BAUSCH HEALTH COS INC (BHC.CA) is buy as both the short term and long term trends are positive.