Biohaven Pharma Holdings (BHVN) The stock’s relative strength (RS) rating was upgraded from 86 to 92 on Wednesday.
X.
When looking for the best stocks to buy and view, one thing to look at closely is the relative price strength. This proprietary rating measures technical performance using scores from 1 (worst) to 99 (best) which indicates how the action of a stock price in 52 weeks matches all other stocks in our database.
Over 100 years of market history, top-performing stocks often have an RS rating north of 80 at the start of a new climb.
See how IBD helps you make more money in stocks
Buy a Biohaven Pharma Holdings stock?
Biohaven Pharma Holdings stock has moved more than 5% of its 93.64 entry in the second tier double bottom, which means it is now out of the right buy range. Look for the stock to create a new buying opportunity, such as a three-week tight or 50-day or 10-week line pullback. Read “Looking for the next big stock market winners? Get started with these 3 steps for more tips.
Although the top line growth of the biotech company has come down from 669% to 441% in the last quarter, EPS has increased by 13%, from 0% in the previous report.
Biohaven Pharma Holdings stock ranks 76th among its counterparts in the medical-biomed / biotech industry group. Passira Pharmaceuticals (PCRX), Regeneron Pharmaceutical (REGN) and Vertex Pharmaceuticals (VRTX) is one of the top 5 high rated stocks in the group For more industry news, see “Biotech and Pharmaceutical Industry and Stock News”.
You may also like:
Marketsmith’s tools can help the individual investor
IBD Live: A new tool for daily stock market analysis
Benefit from short-term trends with SwingTrader
How To Do Growth Stock Research: Why This IBD Tool Makes It Easier To Find Top Stocks