BLACK DIAMOND GROUP LTD (BDI.CA) Stock Technical Analysis
Canada • Toronto Stock Exchange • TSX:BDI • CA09202D2077
Taking everything into account, BDI scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, BDI has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that BDI is one of the better performing stocks in the market, outperforming 78% of all stocks. On top of that, BDI also shows a nice and consistent pattern of rising prices.
- BDI is one of the better performing stocks in the Commercial Services & Supplies industry, it outperforms 100% of 24 stocks in the same industry.
- 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.
- BDI is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Besides having an excellent technical rating, BDI also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 16.68. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 16.44, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
8.41
We found 3 important support areas.
- A support zone ranging from 16.16 to 16.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @15.83 from a trend line in the daily time frame.
- Support @8.49 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 16.68 to 16.70. 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 | 78 | POSITIVE | BDI.CA has a high relative strength, it outperformed 78% 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) | 58.47 | NEUTRAL | The RSI value for BDI.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests BDI.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 43.64 | NEUTRAL | The Stochastics value for BDI.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.63 | MEDIUM VOLATILITY | The ATR as a percentage value for BDI.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 35.53 | POSITIVE | The high ADX value value for BDI.CA suggests a strong 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 |
|---|---|---|---|
| 16.71 | 16.15 | 0.56 (3.35%) | 25.00% |
| An entry @16.71. This is a Buy Stop order right above the resistance zone. | An exit @16.15. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.56 points, which is 3.35%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.84%. |
- 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 (2/9/2026, 7:00:00 PM)
16.45
+0.06 (+0.37%)
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 10 / 10 to BDI.CA.
Can you provide the trend direction for BLACK DIAMOND GROUP LTD?
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 58.4677. This indicates that the stock is currently neutral.
Can you provide the MACD signal for BLACK DIAMOND GROUP LTD?
The MACD indicator for BLACK DIAMOND GROUP LTD (BDI.CA) has a value of -0.0853935, indicating a bearish trend.
What is the support and resistance level for BDI stock?
BLACK DIAMOND GROUP LTD (BDI.CA) has a support level at 16.44 and a resistance level at 16.68. Check the full technical report for our detailed analysis of BDI.CA support and resistance levels.