BON NATURAL LIFE LTD-A (BON) Stock Technical Analysis
USA - NASDAQ:BON - KYG144922047 - Common Stock
We assign a technical rating of 3 out of 10 to BON. BON's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
BON has a bad 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 1.97. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.86, a Stop Loss order could be placed below this zone.
More info and screens
1.84
We found 1 important support area.
- A support zone ranging from 1.86 to 1.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 1.97 to 2.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.11 from a horizontal line in the weekly 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 | DOWN | NEGATIVE | The long term trend for BON is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BON is down. |
| ChartMill Relative Strength | 9.16 | NEGATIVE | BON has a low relative strength, it was outperformed by 90.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BON is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BON is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BON is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.51 | NEUTRAL | The RSI value for BON is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests BON has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.05 | OVERSOLD | The low Stochastics value suggests BON may be oversold. |
| Average True Range in percent/ATR (20) | 8 | HIGH VOLATILITY | The high ATR as a percentage value for BON suggests high volalility. |
| Average Directional Index/ADX (14) | 35.45 | POSITIVE | The high ADX value value for BON suggests a strong trend. |
1.87
-0.02 (-1.06%)
BON NATURAL LIFE LTD-A / BON FAQ
Can you provide the ChartMill technical rating for BON NATURAL LIFE LTD-A?
ChartMill assigns a technical rating of 3 / 10 to BON.
What is the current trend direction of BON NATURAL LIFE LTD-A (BON) stock?
The current trend direction for BON NATURAL LIFE LTD-A (BON) is Bearish.
What is the RSI signal for BON NATURAL LIFE LTD-A (BON) stock?
BON NATURAL LIFE LTD-A (BON) has an RSI value of 44.5071. This indicates that the stock is currently neutral.
Can you provide the short term momentum for BON NATURAL LIFE LTD-A?
The short term momentum for BON NATURAL LIFE LTD-A (BON) is negative.
What is the support and resistance level for BON stock?
BON NATURAL LIFE LTD-A (BON) has a support level at 1.86 and a resistance level at 1.97. Check the full technical report for our detailed analysis of BON support and resistance levels.