BAUSCH HEALTH COS INC (BHC)
CA0717341071 - Common Stock
We assign a technical rating of 5 out of 10 to BHC. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
BHC is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
BHC is part of the Pharmaceuticals industry. There are 198 other stocks in this industry. BHC outperforms 81% of them.
BHC has an average volume of 3147730 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
When comparing the yearly performance of all stocks, we notice that BHC is one of the better performing stocks in the market, outperforming 89% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
BHC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BHC is lagging the market slightly.
BHC has an average technical rating and the quality of the presented setup is also not ideal 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
7.02
9.16
When analyzing the support we can see 3 important areas.
- A support zone ranging from 8.44 to 8.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.53 from a trend line in the weekly time frame.
- Support @7.09 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 8.89 to 9.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.64
Mansfield-0.22
10 Day High8.93
10 Day Low8.42
20 Day High11.46
20 Day Low8.36
52 Week High11.46
52 Week Low5.57
Performance
1 Week5.09%
2 Weeks2.9%
1 Month-14.62%
3 Month12.12%
6 Month17.31%
12 Month52.32%
2 Year-53.29%
3 Year-72.4%
5 Year-61.54%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.02
RSI(14)46.68
LBB8.41
UBB8.98
BAUSCH HEALTH COS INC
NYSE:BHC (4/29/2024, 7:04:00 PM)
After market: 8.88 0 (0%)8.88
+0.17 (+1.95%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg1.95%
1 Week5.09%
2 Weeks2.9%
1 Month-14.62%
3 Month12.12%
6 Month17.31%
12 Month52.32%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.37
ATR(20)%5.47%
ATR Inc
Range Today0.15
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High8.93
10 Day Low8.42
20 Day High11.46
20 Day Low8.36
52 Week High11.46
52 Week Low5.57
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.67M
Volume Incr-34.85%
Vol(5)2.71M
Vol(50)3.15M