BLACK IRON INC (BKI.CA) Stock Technical Analysis
TSX:BKI - Toronto Stock Exchange - CA09214V1040 - Common Stock - Currency: CAD
Overall BKI gets a technical rating of 5 out of 10. Although BKI is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
When comparing the yearly performance of all stocks, we notice that BKI is one of the better performing stocks in the market, outperforming 92% of all stocks.
BKI is one of the better performing stocks in the Metals & Mining industry, it outperforms 79% of 797 stocks in the same industry.
In the last month BKI has a been trading in the 0.09 - 0.12 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
BKI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BKI 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.
BKI 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
0.08
0.12
When analyzing the support we can see 3 important areas.
- A support zone ranging from 0.10 to 0.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.09 to 0.09. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @0.08 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @0.12 from a trend line in the daily time frame.
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 BKI.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BKI.CA is neutral. |
| ChartMill Relative Strength | 92.05 | POSITIVE | BKI.CA has a high relative strength, it outperformed 92.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BKI.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BKI.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of BKI.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.39 | NEUTRAL | The RSI value for BKI.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests BKI.CA has a positive trend. |
| Stochastics (14,3) | 77.78 | NEUTRAL | The Stochastics value for BKI.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.22 | HIGH VOLATILITY | The high ATR as a percentage value for BKI.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 19.77 | NEGATIVE | The low ADX value for BKI.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)
TSX:BKI (8/6/2025, 7:00:00 PM)
0.115
+0.02 (+21.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg21.05%
1 Week21.05%
2 Weeks27.78%
1 Month21.05%
3 Month0%
6 Month-32.35%
12 Month155.56%
2 Year43.75%
3 Year76.92%
5 Year-4.17%
10 Year283.33%
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%5.22%
ATR Inc150%
Range Today0.03
ADR(20)0.01
ADR(20)%4.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.05
Mansfield0.55
10 Day High0.12
10 Day Low0.09
20 Day High0.12
20 Day Low0.09
52 Week High0.23
52 Week Low0.04
CS1 End0.1
CR1 Start0.12
Volume & EV
DER(3)51.59%
DER(5)102.48%
Volume653.55K
Volume Incr89.27%
Vol(5)222.75K
Vol(50)117.03K