Canada - Toronto Stock Exchange - TSX:BNG - CA08184N1006 - Common Stock
We assign a technical rating of 3 out of 10 to BNG. Although BNG is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
BNG has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
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When analyzing the resistance we notice one important area.
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 BNG.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BNG.CA is neutral. |
| ChartMill Relative Strength | 77.05 | POSITIVE | BNG.CA has a high relative strength, it outperformed 77.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BNG.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BNG.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BNG.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.24 | NEUTRAL | The RSI value for BNG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests BNG.CA has a negative trend. |
| Stochastics (14,3) | 33.33 | NEUTRAL | The Stochastics value for BNG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 30 | HIGH VOLATILITY | The high ATR as a percentage value for BNG.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 17.74 | NEGATIVE | The low ADX value for BNG.CA suggests a weak or negative trend. |
TSX:BNG (12/5/2025, 7:00:00 PM)
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ChartMill assigns a technical rating of 3 / 10 to BNG.CA.
The current trend direction for BENGAL ENERGY LTD (BNG.CA) is Bearish.
BENGAL ENERGY LTD (BNG.CA) has an RSI value of 45.2365. This indicates that the stock is currently neutral.
The MACD indicator for BENGAL ENERGY LTD (BNG.CA) has a value of -0.000300228, indicating a bearish trend.