PURPOSE GLOBAL BOND FUND (BND.CA) Stock Technical Analysis
TSX:BND - Toronto Stock Exchange - CA74641B1058 - ETF - Currency: CAD
Overall BND gets a technical rating of 2 out of 10. BND's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
BND has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 17.67, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
17.13
We found 1 important support area.
- A support zone ranging from 17.30 to 17.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 17.77 to 18.05. 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 | NEUTRAL | NEUTRAL | The long term trend for BND.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BND.CA is neutral. |
| ChartMill Relative Strength | 33.57 | NEUTRAL | BND.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BND.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BND.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BND.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.38 | NEUTRAL | The RSI value for BND.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests BND.CA has a negative trend. |
| Stochastics (14,3) | 50 | NEUTRAL | The Stochastics value for BND.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.34 | LOW VOLATILITY | The low ATR as a percentage value for BND.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 14.67 | NEGATIVE | The low ADX value for BND.CA suggests a weak or negative trend. |
TSX:BND (6/10/2025, 7:00:00 PM)
17.76
+0.01 (+0.06%)