BHVN Daily Technical Analysis
Biohaven Ltd
Biopharmaceutical company focused on discovering, developing, and commercializing treatments for diseases in neuroscience, immunology, and oncology
BHVN Technical Analysis Summary
BHVN is in a short-term correction phase following a rejection at strong resistance near $14.30, where the 200-day SMA and upper Bollinger Band converge. Short-term indicators are bearish, with price slipping below the 20-day SMA and MACD displaying a negative crossover, suggesting a potential test of the rising 50-day SMA around $11.08. While a recovery base has formed since November, the long-term trend remains technically bearish as long as the price stays below the declining 200-day moving average.
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BHVN Daily Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price has lost the 20-day SMA (12.06) and momentum has shifted negative with a bearish MACD crossover and falling RSI.
Long-term Sentiment (weeks to months): Bearish
The stock remains below the declining 200-day SMA (14.31), indicating the primary downtrend has not yet been reversed despite the recent recovery attempt.
Report Metadata
- Timeframe: daily
- Generated at: 2026-02-03T15:19:32.618Z
- Model: gemini-3-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $11.05 | $11.00 - $11.10 | Strong | Confluence of the rising 50-day SMA (11.08) and recent consolidation support. |
| $10.10 | $10.00 - $10.20 | Strong | Lower Bollinger Band and psychological round number support zone. |
| $7.75 | $7.50 - $8.00 | Strong | November capitulation low and base formation bottom. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $12.05 | $12.00 - $12.10 | Weak | Immediate resistance at the 20-day SMA (12.06). |
| $14.13 | $13.90 - $14.35 | Strong | Major confluence zone: Recent swing high, Upper Bollinger Band (13.91), and declining 200-day SMA (14.31). |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Weak | Rounding Bottom / Recovery Base | Bullish | $14.30 | Since the sharp decline in November, price has formed a rounded bottom structure, steadily making higher lows. |
| Strong | Gap Fill | Neutral | $14.00 | The price has been rallying to fill the large gap down from November (approx $14.00 to $8.00). It recently neared the top of the gap before rejecting. |
| Strong | Bearish Rejection | Bearish | $11.08 | Price touched the 200-day SMA and Upper Bollinger Band simultaneously and rejected, leading to the current pullback. |
Frequently Asked Questions about BHVN
What is the current sentiment for BHVN?
The short-term sentiment for BHVN is currently Bearish because Price has lost the 20-day SMA (12.06) and momentum has shifted negative with a bearish MACD crossover and falling RSI.. The long-term trend is classified as Bearish.
What are the key support levels for BHVN?
StockDips.AI has identified key support levels for BHVN at $11.05 and $10.10. These levels may represent potential accumulation zones where buying interest could emerge.
Is BHVN in a significant dip or a Value Dip right now?
BHVN has a Value Score of 107/100. It is not currently flagged as a significant dip in the Top Dips list. It is not listed as a Value Dip because the long-term sentiment or value-score threshold does not qualify.
View the full interactive analysis on StockDips.AI.