BUNGE GLOBAL SA (BG)

CH1300646267 - Common Stock

102.69  -0.45 (-0.44%)

Technical Rating and Analysis

5

Taking everything into account, BG scores 5 out of 10 in our technical rating. BG has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.

In the last month BG has a been trading in the 102.05 - 108.58 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 gets the benefit of the doubt for now.
BG is one of the better performing stocks in the Food Products industry, it outperforms 79% of 93 stocks in the same industry.
BG has an average volume of 1391840 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 68% of all stocks.
BG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BG is lagging the market.
Weekly and Daily overview Charts
BG Weekly chart
BG Daily chart
Setup Rating and Analysis

7

Although the technical rating is only medium, BG does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 100.95, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

87.42

110.97

When analyzing the support we can see 3 important areas.

  • Support @100.95 from a horizontal line in the daily time frame.
  • A support zone ranging from 89.96 to 90.30. This zone is formed by a combination of multiple trend lines in the weekly time frame.
  • Support @88.30 from a horizontal line in the weekly time frame.

We can see 2 important resistance areas.

  • A resistance zone ranging from 103.03 to 105.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 107.64 to 109.87. 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
CRS68.65
Mansfield-1.29
10 Day High108.58
10 Day Low102.37
20 Day High108.58
20 Day Low102.05
52 Week High116.59
52 Week Low86.1
Performance
1 Week-1.88%
2 Weeks-1.9%
1 Month1.38%
3 Month7.93%
6 Month-1.57%
12 Month6.96%
2 Year13.73%
3 Year31.98%
5 Year85.14%
10 Year36.36%
15 Year71.19%
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)-0.2
RSI(14)45.48
LBB102.63
UBB108.43
BG Daily chart

BUNGE GLOBAL SA

NYSE:BG (6/14/2024, 2:22:07 PM)

102.69

-0.45 (-0.44%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-0.44%
1 Week-1.88%
2 Weeks-1.9%
1 Month1.38%
3 Month7.93%
6 Month-1.57%
12 Month6.96%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.42
ATR(20)%2.23%
ATR Inc
Range Today0.88
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 High108.58
10 Day Low102.37
20 Day High108.58
20 Day Low102.05
52 Week High116.59
52 Week Low86.1
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume310.57K
Volume Incr-15.7%
Vol(5)1.13M
Vol(50)1.39M