NEOS ENHANCED INC AGG BD ETF (BNDI) Stock Technical Analysis
NYSEARCA:BNDI - NYSE Arca - US78433H4020 - ETF - Currency: USD
Taking everything into account, BNDI scores 2 out of 10 in our technical rating. BNDI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, BNDI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 46.97. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 46.85, a Stop Loss order could be placed below this zone.
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44.58
When analyzing the support we notice one important area.
- A support zone ranging from 45.03 to 46.85. 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 2 important areas.
- A resistance zone ranging from 46.97 to 47.08. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 48.26 to 49.27. 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 | NEUTRAL | NEUTRAL | The long term trend for BNDI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BNDI is neutral. |
| ChartMill Relative Strength | 30.51 | NEUTRAL | BNDI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BNDI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BNDI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BNDI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.82 | NEUTRAL | The RSI value for BNDI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests BNDI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.4 | NEUTRAL | The Stochastics value for BNDI is a neutral value. |
| Average True Range in percent/ATR (20) | 0.41 | LOW VOLATILITY | The low ATR as a percentage value for BNDI suggests low volalility. |
| Average Directional Index/ADX (14) | 13.6 | NEGATIVE | The low ADX value for BNDI suggests a weak or negative trend. |
NYSEARCA:BNDI (7/18/2025, 8:04:02 PM)
46.8879
+0.1 (+0.22%)