BAUSCH HEALTH COS INC (BHC.CA) Stock Technical Analysis
TSX:BHC - Toronto Stock Exchange - CA0717341071 - Common Stock - Currency: CAD
We assign a technical rating of 1 out of 10 to BHC. BHC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
80% of all other stocks performed better in the past year than BHC.
BHC is one of the lesser performing stocks in the Pharmaceuticals industry. 60% of 34 stocks in the same industry do better.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
BHC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BHC is lagging the market.
In the last month BHC has a been trading in the 8.69 - 11.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of BHC is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
8.69
13.42
When analyzing the support we can see 2 important areas.
- A support zone ranging from 10.38 to 10.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.78 from a trend line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 11.22 to 11.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @11.63 from a horizontal line in the daily time frame.
- Resistance @11.95 from a horizontal line in the daily time frame.
- Resistance @13.29 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.06
Mansfield-0.88
10 Day High10.63
10 Day Low8.69
20 Day High11.5
20 Day Low8.69
52 Week High15.43
52 Week Low5.45
Performance
1 Week15.15%
2 Weeks11.1%
1 Month-7.38%
3 Month-6.8%
6 Month31.61%
12 Month-15.98%
2 Year-18.1%
3 Year-65.86%
5 Year-65%
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)0.09
RSI(14)55.02
LBB8.26
UBB10.89
TSX:BHC (2/21/2025, 7:00:00 PM)
10.41
+0.23 (+2.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg2.26%
1 Week15.15%
2 Weeks11.1%
1 Month-7.38%
3 Month-6.8%
6 Month31.61%
12 Month-15.98%
2 Year-18.1%
3 Year-65.86%
5 Year-65%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.48
ATR(20)%4.33%
ATR Inc119.02%
Range Today0.43
ADR(20)0.42
ADR(20)%3.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.06
Mansfield-0.88
10 Day High10.63
10 Day Low8.69
20 Day High11.5
20 Day Low8.69
52 Week High15.43
52 Week Low5.45
CS1 End10.4
CR1 Start11.22
Volume & EV
DER(3)3.24%
DER(5)-2.08%
Volume544.87K
Volume Incr61.77%
Vol(5)466.92K
Vol(50)285.28K