BQE WATER INC (BQE.CA) Stock Technical Analysis
TSX-V:BQE - TSX Venture Exchange - CA0556402059 - Common Stock - Currency: CAD
We assign a technical rating of 2 out of 10 to BQE. BQE'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.
When comparing the yearly performance of all stocks, BQE is a bad performer in the overall market: 82% of all stocks are doing better.
BQE is part of the Commercial Services & Supplies industry. There are 24 other stocks in this industry, of which 82% are performing better than BQE.
Warning: BQE has an average volume of 721 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month BQE has a been trading in the 46.02 - 55.99 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
BQE is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BQE is lagging the market slightly.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of BQE 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
46.02
66.46
We found 1 important support area.
- A support zone ranging from 46.48 to 46.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 55.01 to 56.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @57.34 from a trend line in the weekly time frame.
- Resistance @58.39 from a trend line in the daily time frame.
- Resistance @65.80 from a horizontal line 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 BQE.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BQE.CA is up. |
| ChartMill Relative Strength | 18.84 | NEGATIVE | BQE.CA has a low relative strength, it was outperformed by 81.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BQE.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BQE.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BQE.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.76 | NEUTRAL | The RSI value for BQE.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.62 | POSITIVE | The MACD value suggests BQE.CA has a positive trend. |
| Stochastics (14,3) | 86.69 | OVERBOUGHT | The high Stochastics value suggests BQE.CA may be overbought. |
| Average True Range in percent/ATR (20) | 3.91 | MEDIUM VOLATILITY | The ATR as a percentage value for BQE.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 17.21 | NEGATIVE | The low ADX value for BQE.CA suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX-V:BQE (6/3/2025, 7:00:00 PM)
53
-2 (-3.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg-3.64%
1 Week11.58%
2 Weeks6%
1 Month-3.64%
3 Month-7.83%
6 Month-3.64%
12 Month-17.19%
2 Year96.3%
3 Year82.76%
5 Year332.65%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.15
ATR(20)%3.91%
ATR Inc116.03%
Range Today0
ADR(20)1.2
ADR(20)%2.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.84
Mansfield-1.16
10 Day High55.99
10 Day Low46.02
20 Day High55.99
20 Day Low46.02
52 Week High67.4
52 Week Low46
CS1 End46.48
CR1 Start55.01
Volume & EV
DER(3)-7.34%
DER(5)-11.38%
Volume847
Volume Incr48.69%
Vol(5)998
Vol(50)721.8