TSX:BNKL - Toronto Stock Exchange - CA37962T1049 - ETF - Currency: CAD
We assign a technical rating of 8 out of 10 to BNKL. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BNKL is only an average performer.
BNKL has an excellent technical rating, but the quality of the setup is only medium 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.
22.67
2 important support areas can be observed.
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 | UP | POSITIVE | The long term trend for BNKL.CA is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BNKL.CA is up. |
ChartMill Relative Strength | 78.77 | POSITIVE | BNKL.CA has a high relative strength, it outperformed 78.77% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BNKL.CA is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BNKL.CA is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BNKL.CA is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 75.72 | OVERBOUGHT | The high RSI value suggests BNKL.CA may be overbought. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests BNKL.CA has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 90.61 | OVERBOUGHT | The high Stochastics value suggests BNKL.CA may be overbought. |
Average True Range in percent/ATR (20) | 0.74 | LOW VOLATILITY | The low ATR as a percentage value for BNKL.CA suggests low volalility. |
Average Directional Index/ADX (14) | 39.01 | POSITIVE | The high ADX value value for BNKL.CA suggests a strong trend. |
TSX:BNKL (6/9/2025, 7:00:00 PM)
27.58
+0.2 (+0.73%)