Question 1

What implications does the 10-day RSI indicator have for BHVN?

Accepted Answer

The 10-day RSI Indicator for BHVN moved out of overbought territory on July 29, 2024. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 34 instances where the indicator moved out of the overbought zone. In 23 of the 34 cases the stock moved lower in the days that followed. This puts the odds of a move down at 0%.

Question 2

What does the Stochastic Oscillator suggest about BHVN's trend?

Accepted Answer

The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.

Question 3

How did BHVN's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on August 15, 2024. You may want to consider a long position or call options on BHVN as a result. In 79 of 97 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 0%.

Question 4

What does MACD indicator imply for BHVN?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for BHVN just turned positive on August 13, 2024. Looking at past instances where BHVN's MACD turned positive, the stock continued to rise in 42 of 52 cases over the following month. The odds of a continued upward trend are 0%.

Question 5

What is the significance of the 50-day moving average indicator for BHVN?

Accepted Answer

BHVN moved above its 50-day moving average on August 08, 2024 date and that indicates a change from a downward trend to an upward trend.

Question 6

What does a 3-day price advance indicate for BHVN?

Accepted Answer

Following a +12.55% 3-day Advance, the price is estimated to grow further. Considering data from situations where BHVN advanced for three days, in 226 of 298 cases, the price rose further within the following month. The odds of a continued upward trend are 76%.

Question 7

What does a 3-day decline signify for BHVN's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where BHVN declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 0%.

Question 8

How does the Aroon Indicator reflect on BHVN's trend?

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 242 of 309 cases where BHVN Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

BHVN Stock Biohaven (BHVN, $33.39) Moving Average Convergence Divergence (MACD) Histogram turned negative on June 4, 2024

BHVN's RSI Oscillator recovers from overbought zone

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