BENGAL ENERGY LTD (BNG.CA) Technical Analysis
TSX:BNG • CA08184N1006
Current stock price
BNG.CA Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to BNG. Both in the recent history as in the last year, BNG has proven to be a steady performer, scoring decent points in every aspect analyzed.
- In the last month BNG has a been trading in the 0.02 - 0.10 range, which is quite wide. It is currently trading near the lows of this range.
- Both the short term and long term trends are positive. This is a very positive sign.
- BNG is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 94% of 210 stocks in the same industry.
- Looking at the yearly performance, BNG did better than 96% 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.
BNG.CA Weekly and Daily overview Charts
BNG.CA Setup Rating and Analysis
Although BNG has an excellent technical rating, it does not present a decent entry opportunity 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.
More info and screens
BNG.CA Support and Resistance Analysis
0.01
When analyzing the support we can see 3 important areas.
- A support zone ranging from 0.03 to 0.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.02 from a trend line in the daily time frame.
- Support @0.01 from a horizontal line in the daily time frame.
BNG.CA Technical Indicator Signal Analysis
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 | UP | POSITIVE | The short term trend for BNG.CA is up. |
| ChartMill Relative Strength | 96.73 | POSITIVE | BNG.CA has a high relative strength, it outperformed 96.73% 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) | 51.58 | 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) | 28.89 | NEUTRAL | The Stochastics value for BNG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 25.71 | HIGH VOLATILITY | The high ATR as a percentage value for BNG.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 42.25 | POSITIVE | The high ADX value value for BNG.CA suggests a strong trend. |
BNG.CA Chart- and CandleStick Pattern Analysis
BNG.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:BNG (4/9/2026, 7:00:00 PM)
0.035
0 (-12.5%)
BENGAL ENERGY LTD / BNG.CA TA FAQ
What is the ChartMill technical rating of BENGAL ENERGY LTD (BNG.CA) stock?
ChartMill assigns a technical rating of 9 / 10 to BNG.CA.
What is the trend direction for BNG stock?
The current trend direction for BENGAL ENERGY LTD (BNG.CA) is Bullish.
What is the RSI signal for BENGAL ENERGY LTD (BNG.CA) stock?
BENGAL ENERGY LTD (BNG.CA) has an RSI value of 51.5845. This indicates that the stock is currently neutral.
Can you provide the MACD signal for BENGAL ENERGY LTD?
The MACD indicator for BENGAL ENERGY LTD (BNG.CA) has a value of 0.000802244, indicating a bearish trend.
Can you provide the buy/sell signal for BENGAL ENERGY LTD?
The buy/sell signal for BENGAL ENERGY LTD (BNG.CA) is buy as both the short term and long term trends are positive.