BIOHAVEN LTD (BHVN)

VGG1110E1079 - Common Stock

41.19  +0.5 (+1.23%)

After market: 41.19 0 (0%)

Technical Rating and Analysis

4

Taking everything into account, BHVN scores 4 out of 10 in our technical rating. Although BHVN is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
In the last month BHVN has a been trading in the 36.77 - 53.80 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, BHVN did better than 97% of all other stocks. On top of that, BHVN also shows a nice and consistent pattern of rising prices.
BHVN is part of the Biotechnology industry. There are 587 other stocks in this industry. BHVN outperforms 93% of them.
BHVN has an average volume of 1472920 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
BHVN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BHVN is lagging the market.
Weekly and Daily overview Charts
BHVN Weekly chart
BHVN Daily chart
Setup Rating and Analysis

4

BHVN 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.

Support and Resistance Analysis

22.32

48.65

We found 3 important support areas.

  • A support zone ranging from 38.96 to 39.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @38.32 from a horizontal line in the daily time frame.
  • Support @22.55 from a trend line in the weekly time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 41.20 to 41.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @48.17 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.41
Mansfield1.29
10 Day High42.11
10 Day Low36.77
20 Day High53.8
20 Day Low36.77
52 Week High62.21
52 Week Low13.53
Performance
1 Week3.41%
2 Weeks7.46%
1 Month-19.88%
3 Month-15.16%
6 Month44.02%
12 Month202.65%
2 Year-71.34%
3 Year-52.66%
5 Year-27.05%
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)0.29
RSI(14)40.06
LBB36.92
UBB43.07
BHVN Daily chart

BIOHAVEN LTD

NYSE:BHVN (5/6/2024, 7:04:00 PM)

After market: 41.19 0 (0%)

41.19

+0.5 (+1.23%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.23%
1 Week3.41%
2 Weeks7.46%
1 Month-19.88%
3 Month-15.16%
6 Month44.02%
12 Month202.65%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.48
ATR(20)%6.76%
ATR Inc
Range Today1.19
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 High42.11
10 Day Low36.77
20 Day High53.8
20 Day Low36.77
52 Week High62.21
52 Week Low13.53
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume501.90K
Volume Incr-33.85%
Vol(5)962.06K
Vol(50)1.47M