BUNGE GLOBAL SA (BG) Stock Technical Analysis
NYSE:BG - New York Stock Exchange, Inc. - CH1300646267 - Common Stock - Currency: USD
Overall BG gets a technical rating of 5 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. BG was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, BG is a bad performer in the overall market: 63% of all stocks are doing better.
BG is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
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 68.33 - 81.72 range, which is quite wide. It is currently trading near the high of this range.
BG has an average volume of 1749990 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 59% of 89 stocks in the same industry.
Although the technical rating is only medium, BG does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 80.91. Right above this resistance zone may be a good entry point.
More info and screens
68.38
116.17
When analyzing the support we can see 2 important areas.
- A support zone ranging from 74.88 to 75.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 69.07 to 69.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 80.91 to 80.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @115.02 from a horizontal line 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
CRS37.97
Mansfield-0.83
10 Day High81.72
10 Day Low75.46
20 Day High81.72
20 Day Low68.33
52 Week High114.92
52 Week Low67.4
Performance
1 Week2.36%
2 Weeks5.71%
1 Month5.53%
3 Month5.95%
6 Month-2.37%
12 Month-20.26%
2 Year-13.82%
3 Year-28.7%
5 Year103.33%
10 Year-6.61%
15 Year52.33%
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)0.52
RSI(14)62.95
LBB70.92
UBB83.8
80.66
-0.25 (-0.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-0.31%
1 Week2.36%
2 Weeks5.71%
1 Month5.53%
3 Month5.95%
6 Month-2.37%
12 Month-20.26%
2 Year-13.82%
3 Year-28.7%
5 Year103.33%
10 Year-6.61%
15 Year52.33%
Volatility
ATR(14)2.49
ATR(20)%3.2%
ATR Inc-55.96%
Range Today1.61
ADR(20)2.46
ADR(20)%3.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS37.97
Mansfield-0.83
10 Day High81.72
10 Day Low75.46
20 Day High81.72
20 Day Low68.33
52 Week High114.92
52 Week Low67.4
CS1 End75
CR1 Start80.91
Volume & EV
DER(3)-1.53%
DER(5)-1.77%
Volume1.22M
Volume Incr-26.94%
Vol(5)1.21M
Vol(50)1.75M