BONTERRA ENERGY CORP (BNE.CA) Stock Technical Analysis
Canada - TSX:BNE - CA0985461049 - Common Stock
We assign a technical rating of 4 out of 10 to BNE. Recently some decent action could be observed, but in the medium term time frame this is still negative. BNE was also a bad performer in the overall market in the last year.
BNE 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
3.32
When analyzing the support we can see 2 important areas.
- Support @3.47 from a trend line in the daily time frame.
- A support zone ranging from 3.35 to 3.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 3.47 to 3.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 3.55 to 3.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 3.92 to 3.97. 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 BNE.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BNE.CA is neutral. |
| ChartMill Relative Strength | 21.22 | NEGATIVE | BNE.CA has a low relative strength, it was outperformed by 78.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BNE.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of BNE.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BNE.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.89 | NEUTRAL | The RSI value for BNE.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests BNE.CA has a negative trend. |
| Stochastics (14,3) | 18.02 | OVERSOLD | The low Stochastics value suggests BNE.CA may be oversold. |
| Average True Range in percent/ATR (20) | 4.19 | MEDIUM VOLATILITY | The ATR as a percentage value for BNE.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 22.39 | NEUTRAL | The ADX value for BNE.CA suggests a possible start of a new trend. |
TSX:BNE (11/17/2025, 7:00:00 PM)
3.47
-0.19 (-5.19%)
BONTERRA ENERGY CORP / BNE.CA FAQ
What is the technical rating for BNE stock?
ChartMill assigns a technical rating of 4 / 10 to BNE.CA.
What is the trend direction for BNE stock?
The current trend direction for BONTERRA ENERGY CORP (BNE.CA) is Bearish.
What is the RSI signal for BNE stock?
BONTERRA ENERGY CORP (BNE.CA) has an RSI value of 43.8871. This indicates that the stock is currently neutral.
What is the short term momentum for BNE stock?
The short term momentum for BONTERRA ENERGY CORP (BNE.CA) is neutral.
What are the support and resistance levels for BONTERRA ENERGY CORP (BNE.CA) stock?
BONTERRA ENERGY CORP (BNE.CA) has a support level at 3.47 and a resistance level at 3.47. Check the full technical report for our detailed analysis of BNE.CA support and resistance levels.