Technical Analysis for BHC - Bausch Health Companies Inc.

Grade Last Price % Change Price Change
D 29.81 -0.47% -0.14
BHC closed down 0.47 percent on Tuesday, April 13, 2021, on 86 percent of normal volume. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Down
Historical BHC trend table...

Date Alert Name Type % Chg
Hammer Candlestick Bullish 0.00%
Multiple of Ten Bearish Other 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Stochastic Reached Oversold Weakness -0.47%
Multiple of Ten Bearish Other -0.47%
Oversold Stochastic Weakness -0.47%
50 DMA Resistance Bearish -3.15%
Fell Below 50 DMA Bearish -3.12%
MACD Bearish Centerline Cross Bearish -3.12%
Older End-of-Day Signals for BHC ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Get this analysis on your stocks daily!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

Bausch Health Companies Inc. Description

Bausch Health Companies Inc, formerly Valeant Pharmaceuticals International Inc, is a Canada-based company that develops, manufactures and markets a range of branded and generic pharmaceuticals, medical devices and over-the-counter products. It primarily develops products in the therapeutic areas of eye health, gastroenterology and dermatology. Its dermatology products treat a range of conditions, including actinic keratosis, acne, atopic dermatitis, psoriasis and other dermatoses. It also offers a selection of aesthetic medical devices that address a variety of conditions, including facial wrinkles, acne, pigmentation conditions and laser hair removal, among others. The gastrointestinal (GI) segment offers products that treat GI and hepatologic conditions, including hepatic encephalopathy, irritable bowel syndrome with diarrhea and ulcerative colitis, among others. Its eye health products are marketed in the following categories: Contact Lens, Pharmaceutical Products and Surgical.


Classification

Sector: Healthcare
Industry: Drug Manufacturers - Specialty & Generic
Keywords: Biotechnology Life Sciences Eye Laser Organ Systems Pharmaceutical Products Gastrointestinal S&P/Tsx 60 Index Health Products Medical Devices Psoriasis Dermatology Specialty Drugs Ulcer Gastroenterology Colitis Dermatitis Ulcerative Colitis Acne Atopic Dermatitis Diarrhea Generic Pharmaceutical Irritable Bowel Syndrome Contact Lens Wrinkle Generic Pharmaceuticals Hair Removal Over The Counter Products Keratosis Salix Pharmaceuticals

Is BHC a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 34.8
52 Week Low 14.86
Average Volume 3,579,358
200-Day Moving Average 21.94
50-Day Moving Average 31.24
20-Day Moving Average 31.54
10-Day Moving Average 31.01
Average True Range 0.92
ADX 23.6
+DI 12.38
-DI 26.16
Chandelier Exit (Long, 3 ATRs ) 31.57
Chandelier Exit (Short, 3 ATRs ) 32.23
Upper Bollinger Band 33.61
Lower Bollinger Band 29.47
Percent B (%b) 0.08
BandWidth 13.11
MACD Line -0.29
MACD Signal Line 0.00
MACD Histogram -0.2855
Fundamentals Value
Market Cap 10.58 Billion
Num Shares 355 Million
EPS -2.61
Price-to-Earnings (P/E) Ratio -11.42
Price-to-Sales 0.85
Price-to-Book 11.64
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 30.64
Resistance 3 (R3) 30.61 30.31 30.50
Resistance 2 (R2) 30.31 30.10 30.32 30.45
Resistance 1 (R1) 30.06 29.97 29.91 30.09 30.41
Pivot Point 29.76 29.76 29.69 29.77 29.76
Support 1 (S1) 29.51 29.55 29.36 29.54 29.21
Support 2 (S2) 29.21 29.42 29.22 29.17
Support 3 (S3) 28.96 29.21 29.12
Support 4 (S4) 28.99