BURCON NUTRASCIENCE CORP (BU.CA) Technical Analysis
TSX:BU • CA1208313009
We assign a technical rating of 5 out of 10 to BU. BU has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
- BU is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BU is lagging the market.
- Warning: BU has an average volume of 9075 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 neutral. This gives a pretty neutral overall picture!
- When comparing the yearly performance of all stocks, we notice that BU is one of the better performing stocks in the market, outperforming 71% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- BU is part of the Chemicals industry. There are 28 other stocks in this industry, BU did better than 55% 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 in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
BU has an average technical rating and also the quality of the setup is 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
1.69
We found 4 important support areas.
- A support zone ranging from 2.08 to 2.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.96 to 1.99. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @1.87 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 2.39 to 2.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.51 from a horizontal line in the daily time frame.
- Resistance @2.69 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 | NEUTRAL | NEUTRAL | The short term trend for BU.CA is neutral. |
| ChartMill Relative Strength | 71.1 | POSITIVE | BU.CA has a high relative strength, it outperformed 71.1% 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 | MIXED | The current price of BU.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.31 | 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. |
| Stochastics (14,3) | 34.28 | NEUTRAL | The Stochastics value for BU.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.45 | HIGH VOLATILITY | The high ATR as a percentage value for BU.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 31.07 | POSITIVE | The high ADX value value for BU.CA suggests a strong trend. |
BU.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:BU (3/12/2026, 7:00:00 PM)
2.2
+0.1 (+4.76%)
BURCON NUTRASCIENCE CORP / BU.CA FAQ
What is the technical rating for BU stock?
ChartMill assigns a technical rating of 5 / 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 52.3137. 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 -0.0216897, indicating a bearish trend.
What is the support and resistance level for BU stock?
BURCON NUTRASCIENCE CORP (BU.CA) has a support level at 2.09 and a resistance level at 2.39. Check the full technical report for our detailed analysis of BU.CA support and resistance levels.