Over the last three days, Tickeron's A.I.dvisor has detected that BHVN's AroonUp green line (see chart) is above 70, while the AroonDown red line is below 30. When the green line goes above 70 while the red line stays below 30, this is an indicator that the stock could be poised for a strong Uptrend. For traders, this could mean going long the stock or exploring call options in the next month. Tickeron's A.I.dvisor backtested this indicator and found 186 similar cases, 170 of which were successful. Based on this data, the odds of success are 90%. Current price $94.99 is above $77.98 the highest resistance line found by Tickeron A.I. Throughout the month of 10/14/20 - 11/13/20, the price experienced a +23% Uptrend. During the week of 11/06/20 - 11/13/20, the stock enjoyed a +12% Uptrend growth.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on November 03, 2020. You may want to consider a long position or call options on BHVN as a result. Tickeron A.I. detected that in 52 of 64 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 81%.
The Moving Average Convergence Divergence (MACD) for BHVN just turned positive on November 04, 2020. Looking at past instances where BHVN's MACD turned positive, the stock continued to rise, Tickeron A.I. shows that in 29 of 34 cases over the following month. The odds of a continued upward trend are 85%.
The 10-day Moving Average for BHVN crossed bullishly above the 50-day moving average on October 02, 2020. This indicates that the trend has shifted higher and could be considered a buy signal. Tickeron A.I. detected that in 9 of 10 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 90%.
Following a +14.49% 3-day Advance, the price is estimated to grow further. Considering data from situations where BHVN advanced for three days, in 182 of 213 cases, the price rose further within the following month. The odds of a continued upward trend are 85%.
The Aroon Indicator entered an Uptrend today. Tickeron A.I. detected that in 170 of 186 cases where BHVN Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 90%.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on November 03, 2020. You may want to consider a long position or call options on BHVN as a result. Tickeron A.I. detected that in 52 of 64 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 81%.
The Moving Average Convergence Divergence (MACD) for BHVN just turned positive on November 04, 2020. Looking at past instances where BHVN's MACD turned positive, the stock continued to rise, Tickeron A.I. shows that in 29 of 34 cases over the following month. The odds of a continued upward trend are 85%.
The 10-day Moving Average for BHVN crossed bullishly above the 50-day moving average on October 02, 2020. This indicates that the trend has shifted higher and could be considered a buy signal. Tickeron A.I. detected that in 9 of 10 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 90%.
Following a +14.49% 3-day Advance, the price is estimated to grow further. Considering data from situations where BHVN advanced for three days, in 182 of 213 cases, the price rose further within the following month. The odds of a continued upward trend are 85%.
The Aroon Indicator entered an Uptrend today. Tickeron A.I. detected that in 170 of 186 cases where BHVN Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 90%.