GLOBAL X ENHANCED EQL-A CD I (BNKL.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:BNKL - CA37962T1049 - ETF
Overall BNKL gets a technical rating of 10 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 1631 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that BNKL is one of the better performing stocks in the market, outperforming 74% of all stocks. On top of that, BNKL also shows a nice and consistent pattern of rising prices.
- 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.
- In the last month BNKL has a been trading in a tight range between 37.86 and 39.82.
BNKL has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 39.19, a Stop Loss order could be placed below this zone.
More info and screens
25.66
We found 3 important support areas.
- A support zone ranging from 38.26 to 39.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @34.91 from a horizontal line in the daily time frame.
- Support @25.92 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 39.43 to 39.56. 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 | 74.57 | POSITIVE | BNKL.CA has a high relative strength, it outperformed 74.57% 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) | 67.13 | NEUTRAL | The RSI value for BNKL.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests BNKL.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 51.94 | NEUTRAL | The Stochastics value for BNKL.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.8 | LOW VOLATILITY | The low ATR as a percentage value for BNKL.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 47.08 | POSITIVE | The high ADX value value for BNKL.CA suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 39.57 | 38.85 | 0.72 (1.82%) | 25.00% |
| An entry @39.57. This is a Buy Stop order right above the resistance zone. | An exit @38.85. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.72 points, which is 1.82%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.45%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:BNKL (1/16/2026, 7:00:00 PM)
39.42
+0.11 (+0.28%)
GLOBAL X ENHANCED EQL-A CD I / BNKL.CA FAQ
Can you provide the ChartMill technical rating for GLOBAL X ENHANCED EQL-A CD I?
ChartMill assigns a technical rating of 10 / 10 to BNKL.CA.
Can you provide the trend direction for GLOBAL X ENHANCED EQL-A CD I?
The current trend direction for GLOBAL X ENHANCED EQL-A CD I (BNKL.CA) is Bullish.
Can you provide the RSI signal for GLOBAL X ENHANCED EQL-A CD I?
GLOBAL X ENHANCED EQL-A CD I (BNKL.CA) has an RSI value of 67.1308. This indicates that the stock is currently neutral.
What is the buy/sell signal for GLOBAL X ENHANCED EQL-A CD I (BNKL.CA) stock?
The buy/sell signal for GLOBAL X ENHANCED EQL-A CD I (BNKL.CA) is buy as both the short term and long term trends are positive.
What is the support and resistance level for BNKL stock?
GLOBAL X ENHANCED EQL-A CD I (BNKL.CA) has a support level at 39.19 and a resistance level at 39.43. Check the full technical report for our detailed analysis of BNKL.CA support and resistance levels.