BONANZA MINING CORP (BNZ.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:BNZ - CA09790B1004 - Common Stock
Overall BNZ gets a technical rating of 5 out of 10. In the last year, BNZ was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
BNZ has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 0.03. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.02, a Stop Loss order could be placed below this zone.
More info and screens
0.01
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.02 to 0.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.01 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 0.03 to 0.03. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
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 | NEUTRAL | NEUTRAL | The short term trend for BNZ.CA is neutral. |
| ChartMill Relative Strength | 79.51 | POSITIVE | BNZ.CA has a high relative strength, it outperformed 79.51% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BNZ.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BNZ.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BNZ.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.52 | NEUTRAL | The RSI value for BNZ.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests BNZ.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.33 | NEUTRAL | The Stochastics value for BNZ.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 20 | HIGH VOLATILITY | The high ATR as a percentage value for BNZ.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 15.58 | NEGATIVE | The low ADX value for BNZ.CA suggests a weak or negative trend. |
TSX-V:BNZ (11/20/2025, 7:00:00 PM)
0.025
+0.01 (+25%)
BONANZA MINING CORP / BNZ.CA FAQ
Can you provide the ChartMill technical rating for BONANZA MINING CORP?
ChartMill assigns a technical rating of 5 / 10 to BNZ.CA.
What is the trend direction for BNZ stock?
The current trend direction for BONANZA MINING CORP (BNZ.CA) is Bearish.
What is the RSI signal for BNZ stock?
BONANZA MINING CORP (BNZ.CA) has an RSI value of 52.5207. This indicates that the stock is currently neutral.
Can you provide the short term momentum for BONANZA MINING CORP?
The short term momentum for BONANZA MINING CORP (BNZ.CA) is neutral.
What is the support and resistance level for BNZ stock?
BONANZA MINING CORP (BNZ.CA) has a support level at 0.02 and a resistance level at 0.03. Check the full technical report for our detailed analysis of BNZ.CA support and resistance levels.