GLOBAL X ENHANCED EQL-A CD I (BNKL.CA) Stock Technical Analysis
TSX:BNKL - Toronto Stock Exchange - CA37962T1049 - ETF - Currency: CAD
Overall BNKL gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BNKL is showing a nice and steady performance.
Warning: BNKL has an average volume of 1516 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, BNKL did better than 77% of all other stocks.
BNKL is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
BNKL is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
BNKL has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
22.65
27.88
When analyzing the support we can see 2 important areas.
- A support zone ranging from 27.20 to 27.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 22.88 to 23.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 27.39 to 27.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 77.28 | POSITIVE | BNKL.CA has a high relative strength, it outperformed 77.28% 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) | 73.57 | OVERBOUGHT | The high RSI value suggests BNKL.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests BNKL.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.01 | 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) | 38.93 | POSITIVE | The high ADX value value for BNKL.CA suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX:BNKL (6/4/2025, 7:00:00 PM)
27.38
-0.05 (-0.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.18%
1 Week0.51%
2 Weeks2.32%
1 Month8.35%
3 Month6.29%
6 Month6.95%
12 Month29.21%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%0.74%
ATR Inc-59.29%
Range Today0.08
ADR(20)0.05
ADR(20)%0.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.28
Mansfield0.87
10 Day High27.6
10 Day Low26.52
20 Day High27.6
20 Day Low25.11
52 Week High27.6
52 Week Low20.17
CS1 End27.37
CR1 Start27.39
Volume & EV
DER(3)0%
DER(5)0%
Volume300
Volume Incr-58.86%
Vol(5)464
Vol(50)1.52K