Technical Analysis for BHC - Bausch Health Companies Inc.

Grade Last Price % Change Price Change
D 7.09 1.72% 0.12
BHC closed up 1.72 percent on Monday, July 1, 2024, on approximately normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
4 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Up Up

Date Alert Name Type % Chg
Crossed Above 50 DMA Bullish 0.00%
MACD Bullish Centerline Cross Bullish 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
Pocket Pivot Bullish Swing Setup 1.72%
NR7 Range Contraction 1.72%
Weak + Overbought Other 1.72%
Weak, Overbought and Reversal Signs Reversal 1.72%
Overbought Stochastic Strength 1.72%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakdown about 7 hours ago
Rose Above Upper Bollinger Band about 10 hours ago
Rose Above 50 DMA about 10 hours ago
Up 2% about 10 hours ago
50 DMA Resistance about 11 hours ago

Get a Trading Assistant

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 Organ Systems Laser Eye Pharmaceutical Products Gastrointestinal Medical Device S&P/Tsx 60 Index Health Products Dermatology Psoriasis Specialty Drugs Ulcerative Colitis Gastroenterology Ulcer Colitis Atopic Dermatitis Acne Dermatitis Diarrhea Contact Lens Irritable Bowel Syndrome Generic Pharmaceutical Wrinkle Generic Pharmaceuticals Hair Removal Over The Counter Products Actinic Keratosis Keratosis

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 11.46
52 Week Low 6.05
Average Volume 2,728,370
200-Day Moving Average 7.88
50-Day Moving Average 7.05
20-Day Moving Average 6.52
10-Day Moving Average 6.78
Average True Range 0.24
RSI (14) 61.54
ADX 22.0
+DI 27.36
-DI 16.18
Chandelier Exit (Long, 3 ATRs) 6.41
Chandelier Exit (Short, 3 ATRs) 6.76
Upper Bollinger Bands 7.12
Lower Bollinger Band 5.91
Percent B (%b) 0.98
BandWidth 18.47
MACD Line 0.01
MACD Signal Line -0.11
MACD Histogram 0.1272
Fundamentals Value
Market Cap 2.59 Billion
Num Shares 365 Million
EPS -2.65
Price-to-Earnings (P/E) Ratio -2.68
Price-to-Sales 0.35
Price-to-Book 18.78
PEG Ratio 0.63
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 7.38
Resistance 3 (R3) 7.35 7.24 7.33
Resistance 2 (R2) 7.24 7.16 7.25 7.31
Resistance 1 (R1) 7.16 7.12 7.20 7.19 7.30
Pivot Point 7.05 7.05 7.07 7.06 7.05
Support 1 (S1) 6.97 6.97 7.01 7.00 6.88
Support 2 (S2) 6.86 6.93 6.87 6.87
Support 3 (S3) 6.78 6.86 6.85
Support 4 (S4) 6.81