PURPOSE CDN FIF ETF SHARES (BNC.CA) Stock Technical Analysis
Canada - TSX:BNC - CA74641F1062 - ETF
We assign a technical rating of 8 out of 10 to BNC. Although BNC is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
BNC has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 32.16, a Stop Loss order could be placed below this zone.
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26.66
4 important support areas can be observed.
- A support zone ranging from 30.84 to 32.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @29.39 from a horizontal line in the daily time frame.
- A support zone ranging from 28.50 to 28.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @26.93 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 32.32 to 32.52. 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 BNC.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BNC.CA is up. |
| ChartMill Relative Strength | 54.67 | NEUTRAL | BNC.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BNC.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BNC.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BNC.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.19 | NEUTRAL | The RSI value for BNC.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests BNC.CA has a negative trend. |
| Stochastics (14,3) | 71.84 | NEUTRAL | The Stochastics value for BNC.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.53 | LOW VOLATILITY | The low ATR as a percentage value for BNC.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 41.62 | POSITIVE | The high ADX value value for BNC.CA suggests a strong 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 |
|---|---|---|---|
| 32.53 | 31.62 | 0.91 (2.80%) | 25.00% |
| An entry @32.53. This is a Buy Stop order right above the resistance zone. | An exit @31.62. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.91 points, which is 2.80%. | For a 0.70% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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:BNC (10/31/2025, 7:00:00 PM)
32.31
+0.11 (+0.34%)
PURPOSE CDN FIF ETF SHARES / BNC.CA FAQ
What is the ChartMill technical rating of PURPOSE CDN FIF ETF SHARES (BNC.CA) stock?
ChartMill assigns a technical rating of 8 / 10 to BNC.CA.
Can you provide the trend direction for PURPOSE CDN FIF ETF SHARES?
The current trend direction for PURPOSE CDN FIF ETF SHARES (BNC.CA) is Bullish.
What is the RSI signal for PURPOSE CDN FIF ETF SHARES (BNC.CA) stock?
PURPOSE CDN FIF ETF SHARES (BNC.CA) has an RSI value of 69.1914. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for PURPOSE CDN FIF ETF SHARES?
The buy/sell signal for PURPOSE CDN FIF ETF SHARES (BNC.CA) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for PURPOSE CDN FIF ETF SHARES?
PURPOSE CDN FIF ETF SHARES (BNC.CA) has a support level at 32.16 and a resistance level at 32.32. Check the full technical report for our detailed analysis of BNC.CA support and resistance levels.