BONANZA MINING CORP (BNZ.CA) Technical Analysis
TSX-V:BNZ • CA09790B2093
Current stock price
BNZ.CA Technical Rating and Analysis
Overall BNZ gets a technical rating of 3 out of 10. BNZ performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
- When comparing the yearly performance of all stocks, BNZ is a bad performer in the overall market: 79% of all stocks are doing better.
- BNZ is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- In the last month BNZ has a been trading in the 0.07 - 0.14 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BNZ.CA Weekly and Daily overview Charts
BNZ.CA Setup Rating and Analysis
The technical rating of BNZ is bad and it also does not present a quality setup 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
BNZ.CA Support and Resistance Analysis
0.07
2 important support areas can be observed.
- A support zone ranging from 0.08 to 0.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.07 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.10 to 0.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.13 from a trend line in the weekly time frame.
BNZ.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 | NEUTRAL | NEUTRAL | The long term trend for BNZ.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BNZ.CA is down. |
| ChartMill Relative Strength | 21.61 | NEGATIVE | BNZ.CA has a low relative strength, it was outperformed by 78.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BNZ.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of BNZ.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BNZ.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.3 | NEUTRAL | The RSI value for BNZ.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests BNZ.CA has a positive trend. |
| Stochastics (14,3) | 42.42 | NEUTRAL | The Stochastics value for BNZ.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 11.05 | HIGH VOLATILITY | The high ATR as a percentage value for BNZ.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 6.63 | NEGATIVE | The low ADX value for BNZ.CA suggests a weak or negative trend. |
BNZ.CA Chart- and CandleStick Pattern Analysis
BNZ.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:BNZ (4/16/2026, 7:00:00 PM)
0.095
+0.01 (+11.76%)
BONANZA MINING CORP / BNZ.CA TA FAQ
Can you provide the ChartMill technical rating for BONANZA MINING CORP?
ChartMill assigns a technical rating of 3 / 10 to BNZ.CA.
What is the current trend direction of BONANZA MINING CORP (BNZ.CA) stock?
The current trend direction for BONANZA MINING CORP (BNZ.CA) is Bearish.
What is the RSI signal for BONANZA MINING CORP (BNZ.CA) stock?
BONANZA MINING CORP (BNZ.CA) has an RSI value of 49.2994. This indicates that the stock is currently neutral.
What is the MACD signal for BNZ stock?
The MACD indicator for BONANZA MINING CORP (BNZ.CA) has a value of 0.000521042, indicating a bearish trend.
What are the support and resistance levels for BONANZA MINING CORP (BNZ.CA) stock?
BONANZA MINING CORP (BNZ.CA) has a support level at 0.08 and a resistance level at 0.1. Check the full technical report for our detailed analysis of BNZ.CA support and resistance levels.