BEDFORD METALS CORP (BFM.CA) Stock Technical Analysis
TSX-V:BFM - TSX Venture Exchange - CA0762301012 - Common Stock - Currency: CAD
We assign a technical rating of 0 out of 10 to BFM. BFM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, BFM is a bad performer in the overall market: 99% of all stocks are doing better.
BFM is part of the Metals & Mining industry. There are 811 other stocks in this industry, of which 92% are performing better than BFM.
BFM is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month BFM has a been trading in the 0.22 - 0.30 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The technical rating of BFM 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
0.23
0.27
2 important resistance areas can be observed.
- A resistance zone ranging from 0.25 to 0.25. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 0.27 to 0.27. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
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 BFM.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BFM.CA is down. |
| ChartMill Relative Strength | 1.36 | NEGATIVE | BFM.CA has a low relative strength, it was outperformed by 98.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BFM.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BFM.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BFM.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 27.12 | OVERSOLD | The low RSI value suggests BFM.CA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests BFM.CA has a negative trend. |
| Stochastics (14,3) | 7.54 | OVERSOLD | The low Stochastics value suggests BFM.CA may be oversold. |
| Average True Range in percent/ATR (20) | 5.65 | HIGH VOLATILITY | The high ATR as a percentage value for BFM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 36.35 | POSITIVE | The high ADX value value for BFM.CA suggests a strong 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:BFM (6/23/2025, 7:00:00 PM)
0.23
0 (-2.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-2.13%
1 Week-11.54%
2 Weeks-13.21%
1 Month-23.33%
3 Month-25.81%
6 Month-53.06%
12 Month-89.3%
2 Year340%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%5.65%
ATR Inc64.71%
Range Today0.03
ADR(20)0.01
ADR(20)%5.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.36
Mansfield-7.17
10 Day High0.28
10 Day Low0.22
20 Day High0.31
20 Day Low0.22
52 Week High2.32
52 Week Low0.22
CS1 EndN/A
CR1 Start0.25
Volume & EV
DER(3)0%
DER(5)0%
Volume37.06K
Volume Incr-7.7%
Vol(5)66.01K
Vol(50)62.77K