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BRISTOL GATE CONCEN US ETF (BGU.CA) Stock Technical Analysis

TSX:BGU - Toronto Stock Exchange - CA11004A1003 - ETF - Currency: CAD

46.15  -1.05 (-2.22%)

Technical Rating and Analysis

1

Overall BGU gets a technical rating of 1 out of 10. BGU scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

When comparing the yearly performance of all stocks, BGU is a bad performer in the overall market: 63% of all stocks are doing better.
Warning: BGU has an average volume of 1529 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
BGU is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
BGU is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BGU is lagging the market slightly.
In the last month BGU has a been trading in a tight range between 45.98 and 47.54.
Weekly and Daily overview Charts
BRISTOL GATE CONCEN US ETF / BGU Weekly stock chart
BRISTOL GATE CONCEN US ETF / BGU Daily stock chart
Setup Rating and Analysis

2

The technical rating of BGU is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

41.46

50.73

4 important support areas can be observed.

  • A support zone ranging from 45.73 to 46.02. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @43.82 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.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 46.33 to 47.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • 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.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for BGU.CA is neutral.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for BGU.CA is neutral.
ChartMill Relative Strength37.65NEUTRALBGU.CA is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of BGU.CA is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNMIXEDThe current price of BGU.CA is above a declining SMA(50).
Simple Moving Average/SMA (200)UPMIXEDThe current price of BGU.CA is below the rising SMA(200).
Relative Strength Index/RSI (14)46.22NEUTRALThe RSI value for BGU.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.09NEGATIVEThe MACD value suggests BGU.CA has a negative trend.
Stochastics (14,3)57.84NEUTRALThe Stochastics value for BGU.CA is a neutral value.
Average True Range in percent/ATR (20)1.01LOW VOLATILITYThe low ATR as a percentage value for BGU.CA suggests low volalility.
Average Directional Index/ADX (14)11.54NEGATIVEThe low ADX value for BGU.CA suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
BRISTOL GATE CONCEN US ETF / BGU Daily stock chart

BRISTOL GATE CONCEN US ETF

TSX:BGU (6/13/2025, 7:00:00 PM)

46.15

-1.05 (-2.22%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.22%
1 Week-2.74%
2 Weeks-2.16%
1 Month-0.71%
3 Month-6.84%
6 Month-7.14%
12 Month9.46%
2 Year32.1%
3 Year48.58%
5 Year68.81%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.38
ATR(20)%1.01%
ATR Inc32.51%
Range Today0.33
ADR(20)0.14
ADR(20)%0.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS37.65
Mansfield-0.57
10 Day High47.49
10 Day Low46.15
20 Day High47.54
20 Day Low45.98
52 Week High50.4
52 Week Low41.19
CS1 End46.02
CR1 Start46.33
Volume & EV
DER(3)0%
DER(5)0.32%
Volume498
Volume Incr-64.06%
Vol(5)434.6
Vol(50)1.53K