BRISTOL GATE CONCEN US ETF (BGU.CA) Stock Technical Analysis
TSX:BGU - Toronto Stock Exchange - CA11004A1003 - ETF - Currency: CAD
Taking everything into account, BGU scores 6 out of 10 in our technical rating. BGU has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Warning: BGU has an average volume of 1033 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the performance of all stocks over the past year, BGU turns out to be only a medium performer in the overall market: it outperformed 46% of all stocks.
BGU is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BGU is lagging the market.
In the last month BGU has a been trading in a tight range between 45.65 and 48.03.
Although the technical rating is only medium, BGU does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 47.23, a Stop Loss order could be placed below this zone.
More info and screens
41.46
50.73
When analyzing the support we can see 4 important areas.
- A support zone ranging from 45.98 to 47.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @44.35 from a trend line in the weekly time frame.
- Support @43.06 from a horizontal line in the weekly time frame.
- A support zone ranging from 41.88 to 42.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 47.47 to 47.84. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 49.51 to 50.23. 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 | UP | POSITIVE | The long term trend for BGU.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BGU.CA is up. |
| ChartMill Relative Strength | 46.08 | NEUTRAL | BGU.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BGU.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BGU.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BGU.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.86 | NEUTRAL | The RSI value for BGU.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests BGU.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.33 | NEUTRAL | The Stochastics value for BGU.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.74 | LOW VOLATILITY | The low ATR as a percentage value for BGU.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 10.68 | NEGATIVE | The low ADX value for BGU.CA suggests a weak or negative 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)
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 |
|---|---|---|---|
| 47.50 | 47.11 | 0.39 (0.83%) | 25.00% |
| An entry @47.50. This is a Buy Stop order right above the 10 day moving average. | An exit @47.11. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.39 points, which is 0.83%. | For a 0.21% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of BGU. Please evaluate whether better entry and exit points can be found.
- 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.
TSX:BGU (7/15/2025, 7:00:00 PM)
47.3
-0.24 (-0.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.5%
1 Week-0.42%
2 Weeks0.87%
1 Month-0.34%
3 Month7.77%
6 Month-1.56%
12 Month7.09%
2 Year29.94%
3 Year39.34%
5 Year68.85%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%0.74%
ATR Inc-11.92%
Range Today0.13
ADR(20)0.16
ADR(20)%0.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.08
Mansfield-0.7
10 Day High48.03
10 Day Low47.12
20 Day High48.03
20 Day Low45.65
52 Week High50.4
52 Week Low41.19
CS1 End47.23
CR1 Start47.47
Volume & EV
DER(3)0%
DER(5)0%
Volume1.86K
Volume Incr-32.95%
Vol(5)690.8
Vol(50)1.03K