BRAVADA GOLD CORP (BVA.CA) Stock Technical Analysis
TSX-V:BVA - TSX Venture Exchange - CA10567D2041 - Common Stock - Currency: CAD
We assign a technical rating of 5 out of 10 to BVA. In the last year, BVA was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
Although the technical rating is only medium, BVA does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 0.05. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.04, a Stop Loss order could be placed below this zone.
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0.04
When analyzing the support we notice one important area.
- A support zone ranging from 0.04 to 0.04. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.05 to 0.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.06 from a horizontal line in the daily 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 | UP | POSITIVE | The long term trend for BVA.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BVA.CA is down. |
| ChartMill Relative Strength | 78.33 | POSITIVE | BVA.CA has a high relative strength, it outperformed 78.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BVA.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of BVA.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BVA.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.19 | NEUTRAL | The RSI value for BVA.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests BVA.CA has a negative trend. |
| Average True Range in percent/ATR (20) | 12.78 | HIGH VOLATILITY | The high ATR as a percentage value for BVA.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 11.57 | NEGATIVE | The low ADX value for BVA.CA suggests a weak or negative trend. |
TSX-V:BVA (8/8/2025, 7:00:00 PM)
0.045
0 (0%)