BOMBARDIER INC - BBDBCN 4.95 PERP (BBD-PR-B.CA) Stock Technical Analysis
TSX:BBD-PR-B - Toronto Stock Exchange - CA0977515075 - Currency: CAD
Taking everything into account, BBD-PR-B scores 4 out of 10 in our technical rating. In the past year, BBD-PR-B was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
Although the technical rating is only medium, BBD-PR-B does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 17.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 16.42, a Stop Loss order could be placed below this zone.
More info and screens
14.85
When analyzing the support we can see 3 important areas.
- A support zone ranging from 16.21 to 16.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @15.43 from a horizontal line in the daily time frame.
- A support zone ranging from 15.00 to 15.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 17.01 to 17.27. This zone is formed by a combination of multiple trend lines in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for BBD-PR-B.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BBD-PR-B.CA is up. |
| ChartMill Relative Strength | 31.27 | NEUTRAL | BBD-PR-B.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BBD-PR-B.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BBD-PR-B.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BBD-PR-B.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.98 | NEUTRAL | The RSI value for BBD-PR-B.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests BBD-PR-B.CA has a negative trend. |
| Stochastics (14,3) | 44.3 | NEUTRAL | The Stochastics value for BBD-PR-B.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.62 | LOW VOLATILITY | The low ATR as a percentage value for BBD-PR-B.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 17.42 | NEGATIVE | The low ADX value for BBD-PR-B.CA suggests a weak or negative trend. |
BOMBARDIER INC - BBDBCN 4.95 PERP
TSX:BBD-PR-B (5/23/2025, 7:00:00 PM)
16.44
-0.01 (-0.06%)