BRAILLE ENERGY SYSTEMS INC (BES.CA) Stock Technical Analysis
TSX-V:BES - TSX Venture Exchange - CA10489B1040 - Common Stock - Currency: CAD
We assign a technical rating of 3 out of 10 to BES. Recently some decent action could be observed, but in the medium term time frame this is still negative. BES was also a bad performer in the overall market in the last year.
85% of all other stocks performed better in the past year than BES.
In the last month BES has a been trading in the 0.04 - 0.06 range, which is quite wide. It is currently trading near the high of this range.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
BES is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BES is lagging the market slightly.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of BES is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.04
0.07
When analyzing the support we can see 3 important areas.
- A support zone ranging from 0.06 to 0.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.05 to 0.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.04 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.07 to 0.07. 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 | NEUTRAL | NEUTRAL | The long term trend for BES.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BES.CA is neutral. |
| ChartMill Relative Strength | 15.99 | NEGATIVE | BES.CA has a low relative strength, it was outperformed by 84.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BES.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BES.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BES.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.33 | 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) | 100 | OVERBOUGHT | The high Stochastics value suggests BES.CA may be overbought. |
| Average True Range in percent/ATR (20) | 7.92 | HIGH VOLATILITY | The high ATR as a percentage value for BES.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 16.46 | NEGATIVE | The low ADX value for BES.CA suggests a weak or negative 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)
TSX-V:BES (5/29/2025, 7:00:00 PM)
0.065
+0.01 (+18.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg18.18%
1 Week20%
2 Weeks33.33%
1 Month20%
3 Month0%
6 Month-7.69%
12 Month-36.84%
2 Year20%
3 Year-50%
5 Year500%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%7.92%
ATR Inc115.39%
Range Today0.01
ADR(20)0
ADR(20)%6.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.99
Mansfield-1.35
10 Day High0.06
10 Day Low0.05
20 Day High0.06
20 Day Low0.04
52 Week High0.11
52 Week Low0.04
CS1 End0.06
CR1 Start0.06
Volume & EV
DER(3)0%
DER(5)0%
Volume73.01K
Volume Incr-21.47%
Vol(5)40.06K
Vol(50)45.93K