Overall BON gets a technical rating of 0 out of 10. 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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, BON is a bad performer in the overall market: 96% of all stocks are doing better.
- BON is one of the lesser performing stocks in the Chemicals industry. 88% of 82 stocks in the same industry do better.
- BON is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month BON has a been trading in the 1.45 - 1.79 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, BON does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 1.75. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for BON in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.49
When analyzing the support we can see 4 important areas.
- A support zone ranging from 1.65 to 1.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.61 from a horizontal line in the weekly time frame.
- Support @1.53 from a trend line in the daily time frame.
- Support @1.50 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.75 to 1.78. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for BON is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BON is neutral. |
| ChartMill Relative Strength | 4.02 | NEGATIVE | BON has a low relative strength, it was outperformed by 95.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BON is above 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 | MIXED | The current price of BON is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.95 | NEUTRAL | The RSI value for BON is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests BON has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.15 | OVERBOUGHT | The high Stochastics value suggests BON may be overbought. |
| Average True Range in percent/ATR (20) | 6.17 | HIGH VOLATILITY | The high ATR as a percentage value for BON suggests high volalility. |
| Average Directional Index/ADX (14) | 25.43 | POSITIVE | The high ADX value value for BON suggests a strong trend. |
1.68
-0.06 (-3.45%)
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 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.
What is the RSI signal for BON NATURAL LIFE LTD-A (BON) stock?
BON NATURAL LIFE LTD-A (BON) has an RSI value of 46.9506. This indicates that the stock is currently neutral.
What is the MACD signal for BON NATURAL LIFE LTD-A (BON) stock?
The MACD indicator for BON NATURAL LIFE LTD-A (BON) has a value of 0.0138312, indicating a bearish trend.