BIOHAVEN LTD (BHVN) Technical Analysis
NYSE:BHVN • VGG1110E1079
Current stock price
BHVN Technical Rating and Analysis
Overall BHVN gets a technical rating of 2 out of 10. In the past year, BHVN was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- When comparing the yearly performance of all stocks, BHVN is a bad performer in the overall market: 92% of all stocks are doing better.
- BHVN is part of the Biotechnology industry. There are 516 other stocks in this industry, of which 76% are performing better than BHVN.
- BHVN is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month BHVN has a been trading in the 8.03 - 11.06 range, which is quite wide. It is currently trading near the high of this range.
- BHVN has an average volume of 2188560 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
BHVN Weekly and Daily overview Charts
BHVN Setup Rating and Analysis
BHVN has a poor technical rating and the quality of the setup is also not perfect 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
BHVN Support and Resistance Analysis
8.18
When analyzing the support we can see 3 important areas.
- A support zone ranging from 10.33 to 10.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 10.00 to 10.15. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @8.26 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @10.73 from a trend line in the daily time frame.
- A resistance zone ranging from 10.99 to 10.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
BHVN Technical Indicator Signal Analysis
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 BHVN is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BHVN is up. |
| ChartMill Relative Strength | 8.74 | NEGATIVE | BHVN has a low relative strength, it was outperformed by 91.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BHVN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BHVN is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BHVN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.46 | NEUTRAL | The RSI value for BHVN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests BHVN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.73 | NEUTRAL | The Stochastics value for BHVN is a neutral value. |
| Average True Range in percent/ATR (20) | 6.73 | HIGH VOLATILITY | The high ATR as a percentage value for BHVN suggests high volalility. |
| Average Directional Index/ADX (14) | 19.88 | NEGATIVE | The low ADX value for BHVN suggests a weak or negative trend. |
BHVN Chart- and CandleStick Pattern Analysis
BHVN Technicals: Chart, Performance Metrics, Trend & Indicators
10.52
-0.16 (-1.5%)
BIOHAVEN LTD / BHVN TA FAQ
What is the technical rating for BHVN stock?
ChartMill assigns a technical rating of 2 / 10 to BHVN.
Can you provide the trend direction for BIOHAVEN LTD?
The current trend direction for BIOHAVEN LTD (BHVN) is Bearish.
What is the RSI signal for BHVN stock?
BIOHAVEN LTD (BHVN) has an RSI value of 55.4561. This indicates that the stock is currently neutral.
What is the MACD signal for BHVN stock?
The MACD indicator for BIOHAVEN LTD (BHVN) has a value of 0.1671, indicating a bearish trend.
What is the buy/sell signal for BHVN stock?
The buy/sell signal for BIOHAVEN LTD (BHVN) is hold as the short term and long term trends are mixed.