PURPOSE CDN FIF ETF SHARES (BNC.CA) Stock Technical Analysis
TSX:BNC - Toronto Stock Exchange - CA74641F1062 - ETF - Currency: CAD
Overall BNC gets a technical rating of 6 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BNC is only an average performer.
Warning: BNC has an average volume of 980 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
BNC is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
When comparing the performance of all stocks over the past year, BNC turns out to be only a medium performer in the overall market: it outperformed 55% of all stocks.
In the last month BNC has a been trading in a tight range between 28.80 and 29.56.
Considerably lower volume is observed in the last couple of days.
BNC has an average technical rating and it also does not offer a high quality setup 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
25.28
29.94
3 important support areas can be observed.
- A support zone ranging from 28.78 to 29.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @26.42 from a trend line in the weekly time frame.
- Support @25.54 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 29.27 to 29.64. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The short term trend for BNC.CA is neutral. |
| ChartMill Relative Strength | 55.28 | 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) | 55.39 | NEUTRAL | The RSI value for BNC.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests BNC.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 39.47 | NEUTRAL | The Stochastics value for BNC.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.49 | LOW VOLATILITY | The low ATR as a percentage value for BNC.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 25.14 | POSITIVE | The high ADX value value for BNC.CA suggests a strong 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:BNC (8/6/2025, 7:00:00 PM)
29.24
+0.08 (+0.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.27%
1 Week-0.31%
2 Weeks-0.37%
1 Month0.21%
3 Month5.71%
6 Month5.56%
12 Month17.24%
2 Year23.06%
3 Year22.65%
5 Year61.55%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%0.49%
ATR Inc76.07%
Range Today0.07
ADR(20)0.06
ADR(20)%0.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.28
Mansfield-0.39
10 Day High29.56
10 Day Low28.8
20 Day High29.56
20 Day Low28.8
52 Week High29.72
52 Week Low0
CS1 End29.23
CR1 Start29.27
Volume & EV
DER(3)0%
DER(5)0%
Volume201
Volume Incr-71.46%
Vol(5)469.4
Vol(50)980.52