TSX:BNC - Toronto Stock Exchange - CA74641F1062 - ETF - Currency: CAD
Taking everything into account, BNC scores 8 out of 10 in our technical rating. BNC has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
BNC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price.
24.20
We found 4 important support areas.
We found 1 important resistance area.
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 | 70.18 | POSITIVE | BNC.CA has a high relative strength, it outperformed 70.18% off all stocks 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) | 62.59 | NEUTRAL | The RSI value for BNC.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests BNC.CA has a negative trend. |
Stochastics (14,3) | 68.65 | NEUTRAL | The Stochastics value for BNC.CA is a neutral value. |
Average True Range in percent/ATR (20) | 0.45 | LOW VOLATILITY | The low ATR as a percentage value for BNC.CA suggests low volalility. |
Average Directional Index/ADX (14) | 29.03 | 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 |
---|---|---|---|
28.60 | 28.46 | 0.14 (0.48%) | 25.00% |
An entry @28.60. This is a Buy Stop order right above the 10 day moving average. | An exit @28.46. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.14 points, which is 0.48%. | For a 0.12% total portfolio risk, you can invest 25.00% of your capital in this trade. |
TSX:BNC (6/13/2025, 7:00:00 PM)
28.51
-0.1 (-0.35%)