BLACK DIAMOND GROUP LTD (BDI.CA) Stock Technical Analysis
TSX:BDI - Toronto Stock Exchange - CA09202D2077 - Common Stock - Currency: CAD
Overall BDI gets a technical rating of 8 out of 10. Although BDI is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
BDI is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month BDI has a been trading in the 9.20 - 10.20 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that BDI is one of the better performing stocks in the market, outperforming 73% of all stocks. However, this relatively good performance is mostly due to a recent big move.
BDI is an average performer in the Commercial Services & Supplies industry, it outperforms 69% of 24 stocks in the same industry.
BDI has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 9.76, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BDI in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
8.25
10.26
We found 3 important support areas.
- A support zone ranging from 9.34 to 9.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.72 from a horizontal line in the daily time frame.
- Support @8.33 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.12 to 10.16. 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 | UP | POSITIVE | The short term trend for BDI.CA is up. |
| ChartMill Relative Strength | 73.86 | POSITIVE | BDI.CA has a high relative strength, it outperformed 73.86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BDI.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BDI.CA is above 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) | 64.44 | NEUTRAL | The RSI value for BDI.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests BDI.CA has a positive trend. |
| Stochastics (14,3) | 93.6 | OVERBOUGHT | The high Stochastics value suggests BDI.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.28 | MEDIUM VOLATILITY | The ATR as a percentage value for BDI.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 20.58 | NEUTRAL | The ADX value for BDI.CA suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
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 |
|---|---|---|---|
| 10.17 | 9.19 | 0.98 (9.64%) | 10.38% |
| An entry @10.17. This is a Buy Stop order right above the resistance zone. | An exit @9.19. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.98 points, which is 9.64%. | When investing 10.38% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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 (7/4/2025, 7:00:00 PM)
10.07
-0.04 (-0.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg-0.4%
1 Week3.07%
2 Weeks4.57%
1 Month6.45%
3 Month22.06%
6 Month6.9%
12 Month22.66%
2 Year63.47%
3 Year167.82%
5 Year482.08%
10 Year-27.29%
15 Year123.78%
Volatility
ATR(14)0.25
ATR(20)%2.28%
ATR Inc-27.12%
Range Today0.14
ADR(20)0.22
ADR(20)%2.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.86
Mansfield0.14
10 Day High10.2
10 Day Low9.2
20 Day High10.2
20 Day Low9.2
52 Week High10.27
52 Week Low7.6
CS1 End9.76
CR1 Start10.12
Volume & EV
DER(3)4.05%
DER(5)4.04%
Volume11.32K
Volume Incr46.37%
Vol(5)55.97K
Vol(50)46.87K