BURCON NUTRASCIENCE CORP (BU.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:BU - CA1208313009 - Common Stock
We assign a technical rating of 1 out of 10 to BU. BU scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
BU 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 1.85. Right above this resistance zone may be a good entry point.
More info and screens
1.58
2 important support areas can be observed.
- Support @1.65 from a trend line in the daily time frame.
- Support @1.60 from a horizontal line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 1.85 to 1.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.39 from a trend line in the daily time frame.
- Resistance @2.71 from a horizontal line in the daily time frame.
- Resistance @2.96 from a trend 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 BU.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BU.CA is neutral. |
| ChartMill Relative Strength | 12.54 | NEGATIVE | BU.CA has a low relative strength, it was outperformed by 87.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BU.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BU.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BU.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.94 | NEUTRAL | The RSI value for BU.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests BU.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 45.1 | NEUTRAL | The Stochastics value for BU.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.72 | HIGH VOLATILITY | The high ATR as a percentage value for BU.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 16.91 | NEGATIVE | The low ADX value for BU.CA suggests a weak or negative trend. |
TSX:BU (1/12/2026, 7:00:00 PM)
1.67
-0.02 (-1.18%)
BURCON NUTRASCIENCE CORP / BU.CA FAQ
What is the technical rating for BU stock?
ChartMill assigns a technical rating of 1 / 10 to BU.CA.
What is the trend direction for BU stock?
The current trend direction for BURCON NUTRASCIENCE CORP (BU.CA) is Bearish.
What is the RSI signal for BU stock?
BURCON NUTRASCIENCE CORP (BU.CA) has an RSI value of 44.9392. This indicates that the stock is currently neutral.
What is the MACD signal for BURCON NUTRASCIENCE CORP (BU.CA) stock?
The MACD indicator for BURCON NUTRASCIENCE CORP (BU.CA) has a value of 0.0125011, indicating a bearish trend.
What is the support and resistance level for BU stock?
BURCON NUTRASCIENCE CORP (BU.CA) has a support level at 1.65 and a resistance level at 1.85. Check the full technical report for our detailed analysis of BU.CA support and resistance levels.