BUNGE GLOBAL SA (BG)
CH1300646267 - Common Stock
We assign a technical rating of 6 out of 10 to BG. 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 part of the Food Products industry. There are 91 other stocks in this industry. BG outperforms 88% of them.
BG is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BG is lagging the market slightly.
In the last month BG has a been trading in the 102.11 - 109.89 range, which is quite wide. It is currently trading near the high of this range.
BG has an average volume of 1082760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, BG did better than 74% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
BG has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 107.51, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BG in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
90.48
117.14
We found 4 important support areas.
- A support zone ranging from 103.55 to 107.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 99.67 to 101.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @97.31 from a trend line in the weekly time frame.
- A support zone ranging from 91.39 to 91.39. This zone is formed by a combination of multiple trend lines in the daily time frame.
2 important resistance areas can be observed.
- Resistance @109.25 from a trend line in the daily time frame.
- A resistance zone ranging from 113.41 to 115.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.6
Mansfield-0.02
10 Day High109.89
10 Day Low104.95
20 Day High109.89
20 Day Low102.11
52 Week High116.59
52 Week Low87.87
Performance
1 Week0.66%
2 Weeks4.16%
1 Month1.83%
3 Month-5.75%
6 Month17.48%
12 Month14.32%
2 Year25.23%
3 Year84.09%
5 Year89.96%
10 Year35.31%
15 Year155.32%
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)0.38
RSI(14)57.53
LBB102.61
UBB110.3
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 |
|---|---|---|---|
| 109.26 | 104.94 | 4.32 (3.95%) | 25.00% |
| An entry @109.26. This is a Buy Stop order right above the resistance zone. | An exit @104.94. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 4.32 points, which is 3.95%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.99%. |
- 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 (11/28/2023, 7:04:00 PM)
After market: 108.41 0 (0%)108.41
+0.87 (+0.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg0.81%
1 Week0.66%
2 Weeks4.16%
1 Month1.83%
3 Month-5.75%
6 Month17.48%
12 Month14.32%
2 Year25.23%
3 Year84.09%
5 Year89.96%
10 Year35.31%
15 Year155.32%
Volatility
ATR(14)1.94
ATR(20)%1.77%
ATR Inc-23.24%
Range Today1.55
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.6
Mansfield-0.02
10 Day High109.89
10 Day Low104.95
20 Day High109.89
20 Day Low102.11
52 Week High116.59
52 Week Low87.87
CS1 End107.51
CR1 Start109.25
Volume & EV
DER(3)3.41%
DER(5)0.51%
Volume703.00K
Volume Incr-23.69%
Vol(5)769.66K
Vol(50)1.08M