Canada - TSX:BNG - CA08184N1006 - Common Stock
Taking everything into account, BNG scores 1 out of 10 in our technical rating. BNG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
BNG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for BNG in the last couple of days, which is a good sign.
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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 | 24.44 | NEGATIVE | BNG.CA has a low relative strength, it was outperformed by 75.56% 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) | 45.49 | 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) | 33.33 | NEUTRAL | The Stochastics value for BNG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 32.5 | HIGH VOLATILITY | The high ATR as a percentage value for BNG.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 17.07 | NEGATIVE | The low ADX value for BNG.CA suggests a weak or negative trend. |
TSX:BNG (11/10/2025, 7:00:00 PM)
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0 (-33.33%)
ChartMill assigns a technical rating of 1 / 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 45.489. This indicates that the stock is currently neutral.
The MACD indicator for BENGAL ENERGY LTD (BNG.CA) has a value of 0.0000887125, indicating a bearish trend.