BURCON NUTRASCIENCE CORP (BU.CA) Stock Technical Analysis
Canada • Toronto Stock Exchange • TSX:BU • CA1208313009
Overall BU gets a technical rating of 2 out of 10. 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.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- When comparing the yearly performance of all stocks, BU is a bad performer in the overall market: 90% of all stocks are doing better.
- BU is one of the lesser performing stocks in the Chemicals industry. 87% of 25 stocks in the same industry do better.
- BU is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- Warning: BU has an average volume of 10118 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month BU has a been trading in the 1.65 - 2.08 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
The technical rating of BU is bad and it also does not present a 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
1.58
3 important support areas can be observed.
- A support zone ranging from 1.75 to 1.77. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @1.70 from a trend line in the weekly time frame.
- Support @1.60 from a horizontal line in the weekly time frame.
We can see 5 important resistance areas.
- A resistance zone ranging from 1.89 to 1.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.97 to 1.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.06 from a horizontal line in the daily time frame.
- Resistance @2.71 from a horizontal line in the daily time frame.
- Resistance @2.86 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 | 10.97 | NEGATIVE | BU.CA has a low relative strength, it was outperformed by 89.03% 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 | MIXED | The current price of BU.CA is above 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) | 46.5 | NEUTRAL | The RSI value for BU.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests BU.CA has a negative trend. |
| Stochastics (14,3) | 40.26 | NEUTRAL | The Stochastics value for BU.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.33 | MEDIUM VOLATILITY | The ATR as a percentage value for BU.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 21.16 | NEUTRAL | The ADX value for BU.CA suggests a possible start of a new trend. |
TSX:BU (2/6/2026, 7:00:00 PM)
1.8
-0.05 (-2.7%)
BURCON NUTRASCIENCE CORP / BU.CA FAQ
What is the technical rating for BU stock?
ChartMill assigns a technical rating of 2 / 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 46.5006. 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 -0.00804193, indicating a bearish trend.
What is the support and resistance level for BU stock?
BURCON NUTRASCIENCE CORP (BU.CA) has a support level at 1.77 and a resistance level at 1.89. Check the full technical report for our detailed analysis of BU.CA support and resistance levels.