BLACK IRON INC (BKI.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:BKI - CA09214V1040 - Common Stock
We assign a technical rating of 7 out of 10 to BKI. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BKI is only an average performer.
BKI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
0.09
3 important support areas can be observed.
- Support @0.11 from a trend line in the weekly time frame.
- 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.
- Support @0.09 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @0.14 from a trend line in the daily time frame.
- A resistance zone ranging from 0.15 to 0.15. 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 BKI.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BKI.CA is up. |
| ChartMill Relative Strength | 70.72 | POSITIVE | BKI.CA has a high relative strength, it outperformed 70.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BKI.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BKI.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BKI.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.13 | 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) | 46.67 | NEUTRAL | The Stochastics value for BKI.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.89 | HIGH VOLATILITY | The high ATR as a percentage value for BKI.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 16.13 | NEGATIVE | The low ADX value for BKI.CA suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 0.15 | 0.12 | 0.04 (23.33%) | 4.29% |
| An entry @0.15. This is a Buy Stop order right above the resistance zone. | An exit @0.12. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.04 points, which is 23.33%. | When investing 4.29% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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:BKI (12/29/2025, 7:00:00 PM)
0.14
+0.01 (+3.7%)
BLACK IRON INC / BKI.CA FAQ
What is the ChartMill technical rating of BLACK IRON INC (BKI.CA) stock?
ChartMill assigns a technical rating of 7 / 10 to BKI.CA.
Can you provide the trend direction for BLACK IRON INC?
The current trend direction for BLACK IRON INC (BKI.CA) is Bullish.
What is the RSI signal for BLACK IRON INC (BKI.CA) stock?
BLACK IRON INC (BKI.CA) has an RSI value of 59.13. This indicates that the stock is currently neutral.
What is the MACD signal for BLACK IRON INC (BKI.CA) stock?
The MACD indicator for BLACK IRON INC (BKI.CA) has a value of -0.0003418, indicating a bearish trend.
Can you provide the short term momentum for BLACK IRON INC?
The short term momentum for BLACK IRON INC (BKI.CA) is positive.