Logo image of BNG.CA

BENGAL ENERGY LTD (BNG.CA) Stock Technical Analysis

TSX:BNG - Toronto Stock Exchange - CA08184N1006 - Common Stock - Currency: CAD

0.01  +0.01 (+100%)

Technical Rating and Analysis

1

Overall BNG gets a technical rating of 1 out of 10. BNG has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
BNG is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
BNG is part of the Oil, Gas & Consumable Fuels industry. There are 214 other stocks in this industry. BNG outperforms 83% of them.
Looking at the yearly performance, BNG did better than 76% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
In the last month BNG has a been trading in the 0.01 - 0.01 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
BENGAL ENERGY LTD / BNG Weekly stock chart
BENGAL ENERGY LTD / BNG Daily stock chart
Setup Rating and Analysis

3

The technical rating of BNG is bad and it also does not present a 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.

Support and Resistance Analysis

0.01

0.02

We can see 2 important resistance areas.

  • A resistance zone ranging from 0.01 to 0.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @0.02 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.02
Mansfield-5.73
10 Day High0.02
10 Day Low0.01
20 Day High0.02
20 Day Low0.01
52 Week High0.04
52 Week Low0.01
Performance
1 Week0%
2 Weeks0%
1 Month0%
3 Month100%
6 Month-50%
12 Month-66.67%
2 Year-87.5%
3 Year-87.5%
5 Year-75%
10 Year-95.45%
15 Year-99.25%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0
RSI(14)49.03
LBB0.01
UBB0.01
BENGAL ENERGY LTD / BNG Daily stock chart

BENGAL ENERGY LTD

TSX:BNG (2/7/2025, 7:00:00 PM)

0.01

+0.01 (+100%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg100%
1 Week0%
2 Weeks0%
1 Month0%
3 Month100%
6 Month-50%
12 Month-66.67%
2 Year-87.5%
3 Year-87.5%
5 Year-75%
10 Year-95.45%
15 Year-99.25%
Volatility
ATR(14)0
ATR(20)%15%
ATR Inc250%
Range Today0
ADR(20)0
ADR(20)%5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.02
Mansfield-5.73
10 Day High0.02
10 Day Low0.01
20 Day High0.02
20 Day Low0.01
52 Week High0.04
52 Week Low0.01
CS1 EndN/A
CR1 Start0.01
Volume & EV
DER(3)0%
DER(5)0%
Volume46.60K
Volume Incr-66.52%
Vol(5)28.92K
Vol(50)114.65K