BUNGE GLOBAL SA (BG)

CH1300646267 - Common Stock

102.64  -1.42 (-1.36%)

Technical Rating and Analysis

6

Overall BG gets a technical rating of 6 out of 10. BG has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.

In the last month BG has a been trading in the 102.01 - 110.27 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
BG is one of the better performing stocks in the Food Products industry, it outperforms 83% of 92 stocks in the same industry.
BG has an average volume of 1734600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that BG is one of the better performing stocks in the market, outperforming 79% of all stocks. However, this relatively good performance is mostly due to a recent big move.
BG 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 BG is lagging the market slightly.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
BG Weekly chart
BG Daily chart
Setup Rating and Analysis

3

BG has an average technical rating and it also does not offer a high 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.

Support and Resistance Analysis

88.49

117.14

When analyzing the support we notice one important area.

  • A support zone ranging from 89.38 to 90.09. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 2 important resistance areas.

  • A resistance zone ranging from 109.64 to 109.87. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A resistance zone ranging from 115.02 to 115.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.15
Mansfield-0.66
10 Day High110.27
10 Day Low102.42
20 Day High110.27
20 Day Low102.01
52 Week High116.59
52 Week Low86.1
Performance
1 Week-2.3%
2 Weeks-1.76%
1 Month1.6%
3 Month17.85%
6 Month-1.29%
12 Month11.18%
2 Year-8.01%
3 Year23.26%
5 Year98.55%
10 Year30.65%
15 Year116.75%
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)
Technical Indicators
MACD(12,26,9)-0.42
RSI(14)50.83
LBB102.27
UBB110.51
BG Daily chart

BUNGE GLOBAL SA

NYSE:BG (4/26/2024, 8:48:01 AM)

102.64

-1.42 (-1.36%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-1.36%
1 Week-2.3%
2 Weeks-1.76%
1 Month1.6%
3 Month17.85%
6 Month-1.29%
12 Month11.18%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.53
ATR(20)%2.22%
ATR Inc
Range Today1.31
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High110.27
10 Day Low102.42
20 Day High110.27
20 Day Low102.01
52 Week High116.59
52 Week Low86.1
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume46.83K
Volume Incr76.12%
Vol(5)2.38M
Vol(50)1.73M