BURCON NUTRASCIENCE CORP (BU.CA) Stock Technical Analysis
TSX:BU - Toronto Stock Exchange - CA1208311029 - Common Stock - Currency: CAD
Taking everything into account, BU scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BU is showing a nice and steady performance.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Both the short term and long term trends are positive. This is a very positive sign.
BU is part of the Chemicals industry. There are 28 other stocks in this industry. BU outperforms 92% of them.
Looking at the yearly performance, BU did better than 92% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
BU is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BU is lagging the market.
In the last month BU has a been trading in the 2.00 - 5.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although BU has an excellent technical rating, it does not present a decent entry opportunity 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
1.58
4.06
When analyzing the support we can see 4 important areas.
- Support @2.16 from a trend line in the daily time frame.
- Support @2.05 from a trend line in the daily time frame.
- Support @1.90 from a horizontal line in the daily time frame.
- A support zone ranging from 1.60 to 1.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 4.02 to 4.02. 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 | UP | POSITIVE | The long term trend for BU.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BU.CA is up. |
| ChartMill Relative Strength | 92.2 | POSITIVE | BU.CA has a high relative strength, it outperformed 92.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BU.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BU.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BU.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.31 | NEUTRAL | The RSI value for BU.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests BU.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 65.33 | NEUTRAL | The Stochastics value for BU.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 10.51 | HIGH VOLATILITY | The high ATR as a percentage value for BU.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 30.64 | POSITIVE | The high ADX value value for BU.CA suggests a strong 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:BU (6/30/2025, 7:00:00 PM)
4.01
+0.06 (+1.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg1.52%
1 Week6.08%
2 Weeks53.05%
1 Month90.95%
3 Month150.63%
6 Month150.63%
12 Month-10.89%
2 Year21.52%
3 Year-60.69%
5 Year-88.21%
10 Year-92.57%
15 Year-97.18%
Volatility
ATR(14)0.51
ATR(20)%10.51%
ATR Inc-75.33%
Range Today0.17
ADR(20)0.38
ADR(20)%9.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.2
Mansfield4.64
10 Day High5
10 Day Low2.69
20 Day High5
20 Day Low2
52 Week High5.8
52 Week Low1.5
CS1 End2.15
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume3.87K
Volume Incr-79.14%
Vol(5)29.15K
Vol(50)99.68K