BON NATURAL LIFE LTD-A (BON) Technical Analysis
NASDAQ:BON • KYG144922047
Current stock price
BON Technical Rating and Analysis
Taking everything into account, BON scores 0 out of 10 in our technical rating. BON scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, BON is a bad performer in the overall market: 86% of all stocks are doing better.
- BON is part of the Chemicals industry. There are 83 other stocks in this industry, of which 87% are performing better than BON.
- BON is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so BON is lagging the market.
- In the last month BON has a been trading in the 1.13 - 1.57 range, which is quite wide. It is currently trading near the lows of this range.
- Considerably lower volume is observed in the last couple of days.
BON Weekly and Daily overview Charts
BON Setup Rating and Analysis
The technical rating of BON 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
BON Support and Resistance Analysis
1.27
We can see 3 important resistance areas.
- A resistance zone ranging from 1.53 to 1.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.60 from a trend line in the daily time frame.
- Resistance @1.71 from a horizontal line in the daily time frame.
BON 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 | 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 | 14.51 | NEGATIVE | BON has a low relative strength, it was outperformed by 85.49% 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) | DOWN | NEGATIVE | The current price of BON is below a declining 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) | 21.99 | OVERSOLD | The low RSI value suggests BON may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests BON has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 34.85 | NEUTRAL | The Stochastics value for BON is a neutral value. |
| Average True Range in percent/ATR (20) | 8.27 | HIGH VOLATILITY | The high ATR as a percentage value for BON suggests high volalility. |
| Average Directional Index/ADX (14) | 33.14 | POSITIVE | The high ADX value value for BON suggests a strong trend. |
BON Chart- and CandleStick Pattern Analysis
BON Technicals: Chart, Performance Metrics, Trend & Indicators
1.28
0 (0%)
BON NATURAL LIFE LTD-A / BON TA FAQ
Can you provide the ChartMill technical rating for BON NATURAL LIFE LTD-A?
ChartMill assigns a technical rating of 0 / 10 to BON.
Can you provide the trend direction for BON NATURAL LIFE LTD-A?
The current trend direction for BON NATURAL LIFE LTD-A (BON) is Bearish.
Can you provide the RSI signal for BON NATURAL LIFE LTD-A?
BON NATURAL LIFE LTD-A (BON) has an RSI value of 21.9945. This indicates that the stock is currently oversold.
What is the short term momentum for BON stock?
The short term momentum for BON NATURAL LIFE LTD-A (BON) is negative.
What are the support and resistance levels for BON NATURAL LIFE LTD-A (BON) stock?
BON NATURAL LIFE LTD-A (BON) has a resistance level at 1.53. Check the full technical report for our detailed analysis of BON support and resistance levels.