Canada - TSX Venture Exchange - TSX-V:BES - CA10489B1040 - Common Stock
Taking everything into account, BES scores 0 out of 10 in our technical rating. BES scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, BES does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.06. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.06, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BES in the last couple of days, which is a good sign.
0.05
2 important support areas can be observed.
3 important resistance areas can be observed.
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 | DOWN | NEGATIVE | The long term trend for BES.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BES.CA is down. |
| ChartMill Relative Strength | 13.08 | NEGATIVE | BES.CA has a low relative strength, it was outperformed by 86.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BES.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BES.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BES.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.48 | NEUTRAL | The RSI value for BES.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests BES.CA has a positive trend. |
| Stochastics (14,3) | 33.33 | NEUTRAL | The Stochastics value for BES.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5 | MEDIUM VOLATILITY | The ATR as a percentage value for BES.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 34.49 | POSITIVE | The high ADX value value for BES.CA suggests a strong trend. |
TSX-V:BES (1/9/2026, 7:00:00 PM)
0.06
+0 (+9.09%)
ChartMill assigns a technical rating of 0 / 10 to BES.CA.
The current trend direction for BRAILLE ENERGY SYSTEMS INC (BES.CA) is Bearish.
BRAILLE ENERGY SYSTEMS INC (BES.CA) has an RSI value of 47.4837. This indicates that the stock is currently neutral.
The buy/sell signal for BRAILLE ENERGY SYSTEMS INC (BES.CA) is sell as both the short term and long term trends are negative.
BRAILLE ENERGY SYSTEMS INC (BES.CA) has a support level at 0.06 and a resistance level at 0.06. Check the full technical report for our detailed analysis of BES.CA support and resistance levels.