Bullish Trend Analysis
BHVN moved above its 50-day Moving Average on September 30, 2020 date and that indicates a change from a downward trend to an upward trend.
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 +3.37% 3-day Advance, the price is estimated to grow further. Considering data from situations where BHVN advanced for three days, in 174 of 205 cases, the price rose further within the following month. The odds of a continued upward trend are 85%.
The Indicator entered an Uptrend today. Tickeron A.I. detected that in170 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%.