Red List
BHVN
Biohaven Ltd.
Healthcare · Biotechnology · small-cap ($1.3B)
-55.1%
from rolling 252-day high of $20.09 set 2025-05-14 · 365d ago
Current
$9.02
Decline depth
-55.1%
Decline σ
4.8σ
TFC
3/5 bearish
Rolling 252-day high Up day Down day Last 90 trading days · data from Alpaca

Structural break signals

BHVN qualifies for the Red List on decline depth.

Decline depth
-55.1%
From rolling 252-day high of $20.09, 365d ago. Past the 40% Red List threshold.
Time-frame continuity
3/5 bearish
Latest bar across daily/weekly/monthly/quarterly/yearly time frames. A bar counts as bearish when it's a 2-Down or a red 3. Past the 3/5 Watch threshold.
Decline sigma
4.8σ
Drop from local high over the last 20 bars, expressed in units of the stock's typical daily volatility (4.41% per day). Past the ≥4σ Watch threshold.

The structural read

What price action says about BHVN.

BHVN qualifies for the Red List on decline depth — down -55.1% from its rolling 252-day high. Past the 40% threshold, the deepest tier in the taxonomy.

Cross-confirmation: also showing 3/5 bearish time frames.

Cross-confirmation: decline sigma also reads 4.8σ over 20 bars.

Upstream TFC read: bearish alignment, current phase daily. Last bar types — daily 3 (red), weekly 2D (red), monthly 1 (red).

Earnings on file: 2026-03-02. Tiering is unaffected by earnings dates — listings reflect price structure only.

52-week range

52W low $7.48 6.5% of range 52W high $31.18

Sector context · Healthcare

182 other Healthcare tickers are on Broken Stocks.

92 Red List
43 Amber
47 Watch
-35.8% Median decline

Worst in sector: OPRX (-76.7%). Least-bad: ANIP (-20.0%). See all Healthcare listings →

Questions about BHVN

What people ask.

Why is BHVN on Broken Stocks?

BHVN qualifies for the Red List on decline depth. It is down -55.1% from its rolling 252-day high of $20.09, set on 2025-05-14 — 365d ago.

Is BHVN a falling knife?

Not by the strict technical definition. BHVN is down -55.1% from its 52-week high, but that high was set 365d ago — more than 120 days. A falling knife is usually a recent breakdown from a fresh high, not an established multi-quarter downtrend. BHVN is still on the Red List for decline depth, but the freshness component of a falling knife is missing.

Is BHVN a buy?

Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.

Where is BHVN trading inside its 52-week range?

At $9.02, BHVN sits 6.5% of the way from its 52-week low ($7.48) to its 52-week high ($31.18). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.

How fast has BHVN been declining?

The current 55.1% decline accrued over 365d, which annualizes to roughly -55.1% per year. Annualized pace is a sanity check — a 30% decline in three months is a different signal than a 30% decline over two years.

How does BHVN compare to its sector?

There are 182 other Healthcare tickers on Broken Stocks: 92 Red, 43 Amber, 47 Watch, with 55 showing recovering structural signals. Median sector decline is -35.8% — BHVN's decline is deeper than the sector median.

Does BHVN's earnings date affect its tier?

No. Tiering is decided purely by decline depth and recency of the rolling-high date. The earnings date on file (2026-03-02) is shown for reference only — listings can move tier between scans based on closing prices, regardless of fundamentals or news events.