DANONE (BN.PA)       50.82  +0.34 (+0.67%)

50.82  +0.34 (+0.67%)

FR0000120644 - Common Stock

Technical Rating

4

Taking everything into account, BN scores 4 out of 10 in our technical rating. BN has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.



BN has an average volume of 1292320 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
When compared to the yearly performance of all other stocks, BN outperforms 60% of them, which is more or less in line with the market.
BN is part of the Food Products industry. There are 20 other stocks in this industry, BN did better than 70% of them.
BN is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month BN has a been trading in a tight range between 48.83 and 51.34.

Statistics

1 Month 3 Months 6 Months 12 Months 2.82% -1.17% -4.12% -4.79% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 60.29 46.475 - 58.39
BN Weekly chart
BN Daily chart

Support/Resistance Analysis


46.90

58.46
We found 2 important support areas.
  • A support zone ranging from 50.03 to 50.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 47.37 to 47.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
  • A resistance zone ranging from 50.95 to 51.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 53.25 to 53.81. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Resistance @56.60 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 57.55 to 57.88. This zone is formed by a combination of multiple trend lines in multiple time frames.

Setup Analysis

Setup Rating

6

BN has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 50.29, a Stop Loss order could be placed below this zone.


BN Daily chart

DANONE50.82

EPA:BN (12/6/2022, 5:35:30 PM)+0.34 (+0.67%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector Consumer Staples
GICS Industry Food Products
Performance
Today 0.67% 1 Week 0.38%
2 Weeks -0.32% 1 Month 2.82%
3 Month -1.17% 6 Month -4.12%
Volatility
ATR(14) 0.73 ATR(20)% 1.55%
ATR Inc 20.25% Range Today 0.53
Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)
Relative Strength & Ranges
CRS 60.29 Mansfield -0.15
10 Day High 51.34 10 Day Low 49.87
20 Day High 51.34 20 Day Low 48.83
52 Week High 58.39 52 Week Low 46.48
CS1 End 50.29 CR1 Start 50.54
Volume & EV
DER(3) -0.65% DER(5) 0.14%
Volume 501.13K Volume Incr 19.04%
Vol(5) 1.54M Vol(50) 1.29M

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