BURCON NUTRASCIENCE CORP (BU.CA) Technical Analysis
TSX:BU • CA1208313009
Overall BU gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BU is only an average performer.
- 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.
- Warning: BU has an average volume of 10016 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- BU is part of the Chemicals industry. There are 29 other stocks in this industry. BU outperforms 71% of them.
- In the last month BU has a been trading in the 1.80 - 2.50 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.
- Looking at the yearly performance, BU did better than 74% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although BU has an excellent technical rating, it does not offer a high 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
1.69
When analyzing the support we can see 3 important areas.
- Support @1.94 from a trend line in the daily time frame.
- Support @1.83 from a trend line in the daily time frame.
- Support @1.71 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 2.49 to 2.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.57 from a trend line in the daily time frame.
- A resistance zone ranging from 2.71 to 2.72. 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 | 74.23 | POSITIVE | BU.CA has a high relative strength, it outperformed 74.23% 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) | 68.76 | NEUTRAL | The RSI value for BU.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests BU.CA has a positive trend. |
| Stochastics (14,3) | 89.36 | OVERBOUGHT | The high Stochastics value suggests BU.CA may be overbought. |
| Average True Range in percent/ATR (20) | 4.58 | MEDIUM VOLATILITY | The ATR as a percentage value for BU.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 37.65 | POSITIVE | The high ADX value value for BU.CA suggests a strong trend. |
BU.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:BU (3/5/2026, 7:00:00 PM)
2.41
+0.12 (+5.24%)
BURCON NUTRASCIENCE CORP / BU.CA FAQ
What is the technical rating for BU stock?
ChartMill assigns a technical rating of 8 / 10 to BU.CA.
What is the trend direction for BU stock?
The current trend direction for BURCON NUTRASCIENCE CORP (BU.CA) is Bullish.
What is the RSI signal for BU stock?
BURCON NUTRASCIENCE CORP (BU.CA) has an RSI value of 68.7591. 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 0.0411271, indicating a bearish trend.
What is the support and resistance level for BU stock?
BURCON NUTRASCIENCE CORP (BU.CA) has a support level at 1.94 and a resistance level at 2.51. Check the full technical report for our detailed analysis of BU.CA support and resistance levels.