BLACK IRON INC (BKI.CA) Stock Technical Analysis
TSX:BKI - Toronto Stock Exchange - CA09214V1040 - Common Stock - Currency: CAD
We assign a technical rating of 2 out of 10 to BKI. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
In the last month BKI has a been trading in the 0.10 - 0.14 range, which is quite wide. It is currently trading near the lows of this range.
BKI is part of the Metals & Mining industry. There are 808 other stocks in this industry. BKI outperforms 70% of them.
Looking at the yearly performance, BKI did better than 87% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
BKI 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 BKI is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
BKI has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.08
0.13
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 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 in multiple time frames.
- Support @0.08 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.12 to 0.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.13 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 | DOWN | NEGATIVE | The long term trend for BKI.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BKI.CA is down. |
| ChartMill Relative Strength | 87.49 | POSITIVE | BKI.CA has a high relative strength, it outperformed 87.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BKI.CA is below a declining 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 | POSITIVE | The current price of BKI.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.85 | NEUTRAL | The RSI value for BKI.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests BKI.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 38.1 | NEUTRAL | The Stochastics value for BKI.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 9.32 | HIGH VOLATILITY | The high ATR as a percentage value for BKI.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 16.54 | 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 (6/13/2025, 7:00:00 PM)
0.11
+0.01 (+4.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg4.76%
1 Week10%
2 Weeks-4.35%
1 Month-12%
3 Month-21.43%
6 Month10%
12 Month100%
2 Year22.22%
3 Year57.14%
5 Year10%
10 Year266.67%
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%9.32%
ATR Inc7.69%
Range Today0.01
ADR(20)0.01
ADR(20)%9.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.49
Mansfield1.16
10 Day High0.13
10 Day Low0.1
20 Day High0.14
20 Day Low0.1
52 Week High0.23
52 Week Low0.04
CS1 End0.1
CR1 Start0.12
Volume & EV
DER(3)0%
DER(5)-22.2%
Volume12.32K
Volume Incr-59.81%
Vol(5)65.82K
Vol(50)226.64K