BLACK DIAMOND GROUP LTD (BDI.CA) Stock Technical Analysis
Canada - TSX:BDI - CA09202D2077 - Common Stock
We assign a technical rating of 9 out of 10 to BDI. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Besides having an excellent technical rating, BDI also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 13.66, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
8.29
When analyzing the support we can see 2 important areas.
- A support zone ranging from 13.53 to 13.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.37 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @13.68 from a trend line in the weekly time frame.
- A resistance zone ranging from 14.96 to 15.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for BDI.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BDI.CA is neutral. |
| ChartMill Relative Strength | 80.31 | POSITIVE | BDI.CA has a high relative strength, it outperformed 80.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BDI.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of BDI.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BDI.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.91 | NEUTRAL | The RSI value for BDI.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests BDI.CA has a negative trend. |
| Stochastics (14,3) | 18.46 | OVERSOLD | The low Stochastics value suggests BDI.CA may be oversold. |
| Average True Range in percent/ATR (20) | 3 | MEDIUM VOLATILITY | The ATR as a percentage value for BDI.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 24.5 | NEUTRAL | The ADX value for BDI.CA suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 13.69 | 13.52 | 0.17 (1.24%) | 25.00% |
| An entry @13.69. This is a Buy Stop order right above the resistance zone. | An exit @13.52. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.17 points, which is 1.24%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.31%. |
- The distance between exit and entry is rather small compared to the average daily movement of BDI. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:BDI (11/20/2025, 7:00:00 PM)
13.67
-0.28 (-2.01%)
BLACK DIAMOND GROUP LTD / BDI.CA FAQ
What is the ChartMill technical rating of BLACK DIAMOND GROUP LTD (BDI.CA) stock?
ChartMill assigns a technical rating of 9 / 10 to BDI.CA.
What is the trend direction for BDI stock?
The current trend direction for BLACK DIAMOND GROUP LTD (BDI.CA) is Bullish.
Can you provide the RSI signal for BLACK DIAMOND GROUP LTD?
BLACK DIAMOND GROUP LTD (BDI.CA) has an RSI value of 39.9097. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for BLACK DIAMOND GROUP LTD?
BLACK DIAMOND GROUP LTD (BDI.CA) has a support level at 13.66 and a resistance level at 13.68. Check the full technical report for our detailed analysis of BDI.CA support and resistance levels.