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BURCON NUTRASCIENCE CORP (BU.CA) Stock Technical Analysis

TSX:BU - Toronto Stock Exchange - CA1208311029 - Common Stock - Currency: CAD

2.37  -0.23 (-8.85%)

Technical Rating and Analysis

5

Taking everything into account, BU scores 5 out of 10 in our technical rating. In the last year, BU was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.

When comparing the yearly performance of all stocks, BU is a bad performer in the overall market: 78% of all stocks are doing 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 1.80 - 2.79 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.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
BU is part of the Chemicals industry. There are 30 other stocks in this industry, BU did better than 41% of them.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
BURCON NUTRASCIENCE CORP / BU Weekly stock chart
BURCON NUTRASCIENCE CORP / BU Daily stock chart
Setup Rating and Analysis

4

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.

Support and Resistance Analysis

1.58

2.39

5 important support areas can be observed.

  • A support zone ranging from 2.09 to 2.12. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 2.01 to 2.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @1.90 from a horizontal line in the daily time frame.
  • Support @1.67 from a trend 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.

Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for BU.CA is neutral.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for BU.CA is neutral.
ChartMill Relative Strength22.98NEGATIVEBU.CA has a low relative strength, it was outperformed by 77.02% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of BU.CA is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of BU.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)DOWNMIXEDThe current price of BU.CA is above a declining SMA(200).
Relative Strength Index/RSI (14)59.89NEUTRALThe RSI value for BU.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.04POSITIVEThe MACD value suggests BU.CA has a positive trend, although the MACD value is declining.
Stochastics (14,3)71.04NEUTRALThe Stochastics value for BU.CA is a neutral value.
Average True Range in percent/ATR (20)8.31HIGH VOLATILITYThe high ATR as a percentage value for BU.CA suggests high volalility.
Average Directional Index/ADX (14)19.69NEGATIVEThe low ADX value for BU.CA suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
BURCON NUTRASCIENCE CORP / BU Daily stock chart

BURCON NUTRASCIENCE CORP

TSX:BU (6/11/2025, 7:00:00 PM)

2.37

-0.23 (-8.85%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-8.85%
1 Week7.73%
2 Weeks12.86%
1 Month12.86%
3 Month39.41%
6 Month48.13%
12 Month-49.57%
2 Year-28.18%
3 Year-76.76%
5 Year-93.03%
10 Year-95.61%
15 Year-98.33%
Volatility
ATR(14)0.22
ATR(20)%8.31%
ATR Inc230.91%
Range Today0.79
ADR(20)0.17
ADR(20)%7.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.98
Mansfield-1.32
10 Day High2.79
10 Day Low1.9
20 Day High2.79
20 Day Low1.8
52 Week High5.8
52 Week Low1.5
CS1 End2.12
CR1 StartN/A
Volume & EV
DER(3)-0.14%
DER(5)-1.81%
Volume41.52K
Volume Incr308.42%
Vol(5)402.60K
Vol(50)105.09K