BUNGE GLOBAL SA (BG) Stock Technical Analysis
NYSE:BG - CH1300646267 - Common Stock
87.11 USD
+3.71 (+4.45%)
87.11 USD
0 (0%)
Taking everything into account, BG scores 6 out of 10 in our technical rating. BG has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, BG is a bad performer in the overall market: 70% of all stocks are doing better.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month BG has a been trading in the 74.95 - 87.16 range, which is quite wide. It is currently trading near the high of this range.
BG has an average volume of 2078470 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
BG is an average performer in the Food Products industry, it outperforms 58% of 90 stocks in the same industry.
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.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
BG has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
73.11
87.99
When analyzing the support we can see 2 important areas.
- A support zone ranging from 79.84 to 82.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 73.85 to 75.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 87.12 to 87.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for BG is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BG is up. |
| ChartMill Relative Strength | 30.46 | NEUTRAL | BG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.72 | NEUTRAL | The RSI value for BG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.34 | POSITIVE | The MACD value suggests BG has a positive trend. |
| Stochastics (14,3) | 79.31 | NEUTRAL | The Stochastics value for BG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.87 | MEDIUM VOLATILITY | The ATR as a percentage value for BG suggests some volalility. |
| Average Directional Index/ADX (14) | 21.2 | NEUTRAL | The ADX value for BG suggests a possible start of a new trend. |
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)
87.11
+3.71 (+4.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg4.45%
1 Week6.52%
2 Weeks5.03%
1 Month12.73%
3 Month11.54%
6 Month19.23%
12 Month-11.69%
2 Year-23.8%
3 Year-12.16%
5 Year90.95%
10 Year20.23%
15 Year64.36%
Volatility
ATR(14)2.39
ATR(20)%2.87%
ATR Inc31.78%
Range Today3.73
ADR(20)2.38
ADR(20)%2.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.46
Mansfield-0.36
10 Day High87.16
10 Day Low78.37
20 Day High87.16
20 Day Low74.95
52 Week High101.81
52 Week Low67.4
CS1 End82.52
CR1 Start87.12
Volume & EV
DER(3)1.37%
DER(5)1.41%
Volume3.25M
Volume Incr16.42%
Vol(5)2.27M
Vol(50)2.08M