CH1300646267 - Common Stock
108.41 +0.87 (+0.81%)
After market: 108.41 0 (0%)
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.
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.
We found 4 important support areas.
2 important resistance areas can be observed.
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.
|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%.|
BUNGE GLOBAL SA
NYSE:BG (11/28/2023, 7:04:00 PM)After market: 108.41 0 (0%)