GBDC Stock +24.76% Since The Golden Star Was Identified GBDC Stock +24.76% Since The Golden Star Was Identified Unlock Golden Star List
RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of BHC
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Bausch Health Companies Inc. stock price down 0.693% on Thursday
(Updated on Apr 18, 2024)

Sell candidate since Apr 09, 2024 Loss -7.13% PDF

The Bausch Health Companies Inc. stock price fell by -0.693% on the last day (Thursday, 18th Apr 2024) from $8.66 to $8.60. During the last trading day the stock fluctuated 4.21% from a day low at $8.43 to a day high of $8.78. The price has fallen in 7 of the last 10 days and is down by -14.43% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -32 thousand shares and in total, 2 million shares were bought and sold for approximately $18.25 million.

Given the current short-term trend, the stock is expected to rise 18.37% during the next 3 months and, with a 90% probability hold a price between $10.18 and $13.01 at the end of this 3-month period.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

BHC Signals & Forecast

There are few to no technical positive signals at the moment. The Bausch Health Companies Inc. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $8.75 and $9.47. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, March 28, 2024, and so far it has fallen -18.94%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for Bausch Health Companies Inc. stock

On the downside, the stock finds support just below today's level from accumulated volume at $8.15 and $8.13. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Bausch Health Companies Inc. finds support just below today's level at $8.15. If this is broken, then the next support from accumulated volume will be at $8.13 and $7.85.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.355 between high and low, or 4.21%. For the last week, the stock has had daily average volatility of 4.07%.

Bausch Health Companies Inc. is oversold on RSI14 (17). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (BHC) For The Upcoming Trading Day Of Friday 19th

For the upcoming trading day on Friday, 19th we expect Bausch Health Companies Inc. to open at $8.60, and during the day (based on 14 day Average True Range), to move between $8.12 and $9.08, which gives a possible trading interval of +/-$0.483 (+/-5.62%) up or down from last closing price. If Bausch Health Companies Inc. takes out the full calculated possible swing range there will be an estimated 11.23% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $8.97 (4.30%) than the support at $8.15 (5.23%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Bausch Health Companies Inc. stock A Buy?

The Bausch Health Companies Inc. stock holds several negative signals and despite the positive trend, we believe Bausch Health Companies Inc. will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -3.298 Sell Candidate Unchanged

Predicted Opening Price for Bausch Health Companies Inc. of Friday, April 19, 2024

Fair opening price April 19, 2024 Current price
$8.60 ( 0.0194%) $8.60

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for BHC

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 8.96 4.15 %
R2 8.82 2.57 %
R1 8.74 1.60 %
Current price: 8.60
Support S1 8.47 -1.56 %
S2 8.38 -2.53 %
S3 8.25 -4.11 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 9.30 8.14 %
R2 9.18 6.74 %
R1 8.97 4.30 %
Current price 8.60
Support S1 8.15 -5.23%
S2 8.13 -5.47%
S3 7.85 -8.72%

BHC Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Nov 04, 2010 Nov 10, 2010 Dec 22, 2010 $1.00 3.47%
2 Aug 05, 2010 Aug 30, 2010 Oct 04, 2010 $0.0950 0.367%
3 May 28, 2010 May 28, 2010 Jul 05, 2010 $0.0950 0.503%
4 Feb 24, 2010 Mar 04, 2010 Apr 05, 2010 $0.0900 0.538%
5 Nov 04, 2009 Nov 30, 2009 Jan 04, 2010 $0.0900 0.613%

FAQ

What is the symbol for Bausch Health Companies Inc. Stock and on which exchange is it traded?
The symbol for Bausch Health Companies Inc. is BHC and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Bausch Health Companies Inc. Stock?
The Bausch Health Companies Inc. stock holds several negative signals and despite the positive trend, we believe Bausch Health Companies Inc. will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

How to buy Bausch Health Companies Inc. Stock?
Bausch Health Companies Inc. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Bausch Health Companies Inc. Stock.

What's the current price of Bausch Health Companies Inc. Stock?
As of the end of day on the 2024-04-18, the price of an Bausch Health Companies Inc. (BHC) share was $8.60.

What is the 52-week high and low for Bausch Health Companies Inc. Stock?
The 52-week high for Bausch Health Companies Inc. Stock is $11.46 and the 52-week low is $5.57.

What is the market capitalization of Bausch Health Companies Inc. Stock?
As of the 2024-04-18, the market capitalization of Bausch Health Companies Inc. is 3.164B.

When is the next earnings date for Bausch Health Companies Inc.?
The upcoming earnings date for Bausch Health Companies Inc. is May 02, 2024.
Click to get the best stock tips daily for free!

About Bausch Health Companies Inc.

Bausch Health Companies. Bausch Health Companies Inc., together with its subsidiaries, develops, manufactures, and markets a range of pharmaceutical, medical device, and over-the-counter (OTC) products primarily in the therapeutic areas of eye health, gastroenterology, and dermatology. The company operates through five segments: Bausch + Lomb, Salix, International Rx, Ortho Dermatologics, and Diversified Products. The Bausch + Lomb segment offers products with a focus on... BHC Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT