BUNGE GLOBAL SA (BG)
CH1300646267 - Common Stock
Taking everything into account, BG scores 8 out of 10 in our technical rating. Although BG is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
BG is one of the better performing stocks in the Food Products industry, it outperforms 79% of 92 stocks in the same industry.
BG is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so BG is leading the market.
In the last month BG has a been trading in the 105.30 - 114.92 range, which is quite wide. It is currently trading near the high of this range.
BG has an average volume of 1225440 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, BG turns out to be only a medium performer in the overall market: it outperformed 63% of all stocks.
Besides having an excellent technical rating, BG also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 112.10, a Stop Loss order could be placed below this zone.
More info and screens
89.40
115.45
5 important support areas can be observed.
- A support zone ranging from 110.83 to 112.10. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 107.05 to 107.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 102.83 to 103.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 100.95 to 100.95. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 90.30 to 90.46. This zone is formed by a combination of multiple trend lines in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.94
Mansfield-0.25
10 Day High114.92
10 Day Low109.13
20 Day High114.92
20 Day Low105.3
52 Week High116.59
52 Week Low86.1
Performance
1 Week2.14%
2 Weeks2.89%
1 Month6.2%
3 Month11.27%
6 Month29.46%
12 Month5.49%
2 Year23.81%
3 Year47.25%
5 Year95.64%
10 Year44.99%
15 Year63.37%
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)0.1
RSI(14)65.68
LBB109.42
UBB113.98
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 |
|---|---|---|---|
| 114.93 | 110.82 | 4.11 (3.58%) | 25.00% |
| An entry @114.93. This is a Buy Stop order right above the 10 day high. | An exit @110.82. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 4.11 points, which is 3.58%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.89%. |
- 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.
BUNGE GLOBAL SA
NYSE:BG (7/26/2024, 7:18:48 PM)
After market: 114.31 0 (0%)114.31
+1.36 (+1.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg1.2%
1 Week2.14%
2 Weeks2.89%
1 Month6.2%
3 Month11.27%
6 Month29.46%
12 Month5.49%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.23
ATR(20)%2.07%
ATR Inc
Range Today2.46
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 High114.92
10 Day Low109.13
20 Day High114.92
20 Day Low105.3
52 Week High116.59
52 Week Low86.1
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume757.70K
Volume Incr-37.19%
Vol(5)816.21K
Vol(50)1.23M