BURCON NUTRASCIENCE CORP (BU.CA) Stock Technical Analysis
TSX:BU - CA1208311029 - Common Stock
2.34 CAD
+0.04 (+1.74%)
Taking everything into account, BU scores 0 out of 10 in our technical rating. BU'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, BU is a bad performer in the overall market: 91% of all stocks are doing better.
BU is one of the lesser performing stocks in the Chemicals industry. 81% of 28 stocks in the same industry do better.
BU is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month BU has a been trading in the 2.26 - 2.99 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Warning: BU has an average volume of 7317 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
BU has a poor technical rating and the quality of the setup is also only medium 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
3.61
4 important support areas can be observed.
- A support zone ranging from 2.29 to 2.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.90 from a horizontal line in the daily time frame.
- Support @1.76 from a trend line in the daily time frame.
- Support @1.60 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- Resistance @2.39 from a trend line in the daily time frame.
- A resistance zone ranging from 2.55 to 2.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.57 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 | NEUTRAL | NEUTRAL | The long term trend for BU.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BU.CA is down. |
| ChartMill Relative Strength | 9.57 | NEGATIVE | BU.CA has a low relative strength, it was outperformed by 90.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BU.CA is below a declining 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 | MIXED | The current price of BU.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.46 | NEUTRAL | The RSI value for BU.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests BU.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.92 | OVERSOLD | The low Stochastics value suggests BU.CA may be oversold. |
| Average True Range in percent/ATR (20) | 7.05 | HIGH VOLATILITY | The high ATR as a percentage value for BU.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 10.64 | NEGATIVE | The low ADX value for BU.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:BU (9/8/2025, 7:00:00 PM)
2.34
+0.04 (+1.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg1.74%
1 Week-10.69%
2 Weeks-2.9%
1 Month-16.73%
3 Month-3.31%
6 Month37.65%
12 Month-35%
2 Year-16.43%
3 Year-74.84%
5 Year-95.32%
10 Year-95.19%
15 Year-98.91%
Volatility
ATR(14)0.13
ATR(20)%7.05%
ATR Inc-1.01%
Range Today0.13
ADR(20)0.15
ADR(20)%6.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.57
Mansfield-0.69
10 Day High2.71
10 Day Low2.26
20 Day High2.99
20 Day Low2.26
52 Week High5
52 Week Low1.5
CS1 End2.29
CR1 Start2.39
Volume & EV
DER(3)-9.96%
DER(5)-8.14%
Volume2.29K
Volume Incr37.68%
Vol(5)6.31K
Vol(50)7.32K