BENGAL ENERGY LTD (BNG.CA) Stock Technical Analysis
TSX:BNG • CA08184N1006
Overall BNG gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BNG is only an average performer.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- BNG is part of the Oil, Gas & Consumable Fuels industry. There are 212 other stocks in this industry. BNG outperforms 73% of them.
- Looking at the yearly performance, BNG did better than 72% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- BNG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BNG is lagging the market.
- In the last month BNG has a been trading in the 0.01 - 0.03 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.
Besides having an excellent technical rating, BNG also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
0.01
We found 2 important support areas.
- A support zone ranging from 0.02 to 0.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.01 to 0.01. This zone is formed by a combination of multiple trend lines and important moving averages 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 BNG.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BNG.CA is neutral. |
| ChartMill Relative Strength | 72.73 | POSITIVE | BNG.CA has a high relative strength, it outperformed 72.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BNG.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BNG.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BNG.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.29 | NEUTRAL | The RSI value for BNG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests BNG.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for BNG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 23.75 | HIGH VOLATILITY | The high ATR as a percentage value for BNG.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 37.82 | POSITIVE | The high ADX value value for BNG.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 |
|---|---|---|---|
| 0.04 | 0.00 | 0.03 (85.71%) | 1.17% |
| An entry @0.04. This is a Buy Stop order right above the 10 day high. | An exit @0.00. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.03 points, which is 85.71%. | For a 1.00% total portfolio risk, you can invest 1.17% of your capital in this trade. |
- 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:BNG (2/12/2026, 7:00:00 PM)
0.02
0 (0%)
BENGAL ENERGY LTD / BNG.CA FAQ
What is the ChartMill technical rating of BENGAL ENERGY LTD (BNG.CA) stock?
ChartMill assigns a technical rating of 7 / 10 to BNG.CA.
What is the trend direction for BNG stock?
The current trend direction for BENGAL ENERGY LTD (BNG.CA) is Bullish.
Can you provide the RSI signal for BENGAL ENERGY LTD?
BENGAL ENERGY LTD (BNG.CA) has an RSI value of 58.2941. This indicates that the stock is currently neutral.
What is the short term momentum for BNG stock?
The short term momentum for BENGAL ENERGY LTD (BNG.CA) is neutral.
What are the support and resistance levels for BENGAL ENERGY LTD (BNG.CA) stock?
BENGAL ENERGY LTD (BNG.CA) has a support level at 0.02. Check the full technical report for our detailed analysis of BNG.CA support and resistance levels.