BONTERRA ENERGY CORP (BNE.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:BNE - CA0985461049 - Common Stock
We assign a technical rating of 8 out of 10 to BNE. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BNE is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- BNE is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 83% of 214 stocks in the same industry.
- BNE 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.
- In the last month BNE has a been trading in the 4.07 - 4.96 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the yearly performance of all stocks, we notice that BNE is one of the better performing stocks in the market, outperforming 74% of all stocks. However, this relatively good performance is mostly due to a recent big move.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although BNE has an excellent technical rating, it 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
3.42
6 important support areas can be observed.
- A support zone ranging from 4.37 to 4.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.24 from a trend line in the daily time frame.
- A support zone ranging from 4.03 to 4.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.70 from a trend line in the daily time frame.
- Support @3.62 from a trend line in the weekly time frame.
- A support zone ranging from 3.45 to 3.48. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 BNE.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BNE.CA is up. |
| ChartMill Relative Strength | 74.57 | POSITIVE | BNE.CA has a high relative strength, it outperformed 74.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BNE.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BNE.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BNE.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.97 | NEUTRAL | The RSI value for BNE.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests BNE.CA has a positive trend. |
| Stochastics (14,3) | 80.89 | OVERBOUGHT | The high Stochastics value suggests BNE.CA may be overbought. |
| Average True Range in percent/ATR (20) | 4.4 | MEDIUM VOLATILITY | The ATR as a percentage value for BNE.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 35.75 | POSITIVE | The high ADX value value for BNE.CA suggests a strong trend. |
TSX:BNE (1/16/2026, 7:00:00 PM)
4.74
-0.08 (-1.66%)
BONTERRA ENERGY CORP / BNE.CA FAQ
What is the technical rating for BNE stock?
ChartMill assigns a technical rating of 8 / 10 to BNE.CA.
Can you provide the trend direction for BONTERRA ENERGY CORP?
The current trend direction for BONTERRA ENERGY CORP (BNE.CA) is Bullish.
What is the RSI signal for BNE stock?
BONTERRA ENERGY CORP (BNE.CA) has an RSI value of 63.9734. This indicates that the stock is currently neutral.
Can you provide the MACD signal for BONTERRA ENERGY CORP?
The MACD indicator for BONTERRA ENERGY CORP (BNE.CA) has a value of 0.0239402, indicating a bearish trend.
Can you provide the short term momentum for BONTERRA ENERGY CORP?
The short term momentum for BONTERRA ENERGY CORP (BNE.CA) is positive.