BRONCO RESOURCES CORP (BRON.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:BRON - CA1119111039 - Common Stock
Taking everything into account, BRON scores 4 out of 10 in our technical rating. BRON has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
BRON has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.04
2 important support areas can be observed.
- A support zone ranging from 0.05 to 0.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.04 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 0.07 to 0.07. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for BRON.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BRON.CA is up. |
| ChartMill Relative Strength | 5.54 | NEGATIVE | BRON.CA has a low relative strength, it was outperformed by 94.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BRON.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BRON.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BRON.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.41 | NEUTRAL | The RSI value for BRON.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests BRON.CA has a positive trend. |
| Stochastics (14,3) | 100 | OVERBOUGHT | The high Stochastics value suggests BRON.CA may be overbought. |
| Average True Range in percent/ATR (20) | 5.83 | HIGH VOLATILITY | The high ATR as a percentage value for BRON.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 15.17 | NEGATIVE | The low ADX value for BRON.CA suggests a weak or negative trend. |
TSX-V:BRON (1/5/2026, 7:00:00 PM)
0.06
0 (0%)
BRONCO RESOURCES CORP / BRON.CA FAQ
What is the ChartMill technical rating of BRONCO RESOURCES CORP (BRON.CA) stock?
ChartMill assigns a technical rating of 4 / 10 to BRON.CA.
What is the current trend direction of BRONCO RESOURCES CORP (BRON.CA) stock?
The current trend direction for BRONCO RESOURCES CORP (BRON.CA) is Bearish.
What is the RSI signal for BRON stock?
BRONCO RESOURCES CORP (BRON.CA) has an RSI value of 58.4117. This indicates that the stock is currently neutral.
What is the MACD signal for BRON stock?
The MACD indicator for BRONCO RESOURCES CORP (BRON.CA) has a value of 0.00227325, indicating a bearish trend.
What are the support and resistance levels for BRONCO RESOURCES CORP (BRON.CA) stock?
BRONCO RESOURCES CORP (BRON.CA) has a support level at 0.05 and a resistance level at 0.07. Check the full technical report for our detailed analysis of BRON.CA support and resistance levels.