BONTERRA ENERGY CORP (BNE.CA) Stock Technical Analysis
TSX:BNE • CA0985461049
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.
- The long and short term trends are both positive. This is looking good!
- BNE is part of the Oil, Gas & Consumable Fuels industry. There are 203 other stocks in this industry. BNE outperforms 74% of them.
- BNE is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BNE is lagging the market slightly.
- BNE is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- When comparing the yearly performance of all stocks, we notice that BNE is one of the better performing stocks in the market, outperforming 72% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Besides having an excellent technical rating, BNE also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 5.21. Right above this resistance zone may be a good entry point. Another positive sign is the recent Pocket Pivot signal.
- 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
3.42
6 important support areas can be observed.
- Support @4.92 from a horizontal line in the daily time frame.
- A support zone ranging from 4.63 to 4.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.25 from a trend line in the daily time frame.
- Support @4.03 from a horizontal line in the daily time frame.
- Support @3.71 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.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 5.21 to 5.28. 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 | 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 | 72.8 | POSITIVE | BNE.CA has a high relative strength, it outperformed 72.8% 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) | 57.4 | NEUTRAL | The RSI value for BNE.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests BNE.CA has a negative trend. |
| Stochastics (14,3) | 52.24 | NEUTRAL | The Stochastics value for BNE.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.94 | MEDIUM VOLATILITY | The ATR as a percentage value for BNE.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 40.37 | POSITIVE | The high ADX value value for BNE.CA suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 5.29 | 4.91 | 0.38 (7.18%) | 13.92% |
| An entry @5.29. This is a Buy Stop order right above the resistance zone. | An exit @4.91. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.38 points, which is 7.18%. | When investing 13.92% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of BNE. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:BNE (2/18/2026, 7:00:00 PM)
5.11
-0.03 (-0.58%)
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 57.3956. 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 -0.0174735, 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.