BIOHAVEN LTD (BHVN) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BHVN - VGG1110E1079 - Common Stock
Overall BHVN gets a technical rating of 0 out of 10. BHVN'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 technical rating of BHVN is bad and it also does not present a quality setup 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
9.59
4 important resistance areas can be observed.
- A resistance zone ranging from 9.70 to 9.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @15.21 from a trend line in the weekly time frame.
- Resistance @16.66 from a trend line in the daily time frame.
- Resistance @17.42 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 BHVN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BHVN is down. |
| ChartMill Relative Strength | 3.29 | NEGATIVE | BHVN has a low relative strength, it was outperformed by 96.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BHVN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BHVN is below 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) | 38.74 | NEUTRAL | The RSI value for BHVN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests BHVN has a positive trend. |
| Stochastics (14,3) | 24.4 | NEUTRAL | The Stochastics value for BHVN is a neutral value. |
| Average True Range in percent/ATR (20) | 13.63 | HIGH VOLATILITY | The high ATR as a percentage value for BHVN suggests high volalility. |
| Average Directional Index/ADX (14) | 32.19 | POSITIVE | The high ADX value value for BHVN suggests a strong trend. |
9.69
+0.06 (+0.62%)
BIOHAVEN LTD / BHVN FAQ
What is the technical rating for BHVN stock?
ChartMill assigns a technical rating of 0 / 10 to BHVN.
What is the trend direction for BHVN stock?
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 38.7447. This indicates that the stock is currently neutral.
What is the MACD signal for BIOHAVEN LTD (BHVN) stock?
The MACD indicator for BIOHAVEN LTD (BHVN) has a value of 0.0558378, indicating a bearish trend.
Can you provide the short term momentum for BIOHAVEN LTD?
The short term momentum for BIOHAVEN LTD (BHVN) is negative.