Logo image of BBIG.CA

HORIZONS GLOBAL BBIG TECH (BBIG.CA) Stock Technical Analysis

TSX:BBIG - Toronto Stock Exchange - CA4405171006 - ETF - Currency: CAD

27.46  +0.12 (+0.44%)

Technical Rating and Analysis

9

We assign a technical rating of 9 out of 10 to BBIG. Both in the recent history as in the last year, BBIG has proven to be a steady performer, scoring decent points in every aspect analyzed.

Warning: BBIG has an average volume of 771 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!
Looking at the yearly performance, BBIG did better than 78% of all other stocks.
BBIG is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
BBIG is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.

More info and screens

Weekly and Daily overview Charts
HORIZONS GLOBAL BBIG TECH / BBIG Weekly stock chart
HORIZONS GLOBAL BBIG TECH / BBIG Daily stock chart
Setup Rating and Analysis

7

Besides having an excellent technical rating, BBIG also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 27.54. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 27.44, a Stop Loss order could be placed below this zone.

More info and screens

Support and Resistance Analysis

23.52

27.88

4 important support areas can be observed.

  • A support zone ranging from 26.63 to 27.44. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @25.09 from a horizontal line in the daily time frame.
  • Support @24.61 from a trend line in the daily time frame.
  • Support @23.76 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 27.54 to 27.60. This zone is formed by a combination of multiple trend lines in multiple time frames.

More info

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.88
Mansfield-0.37
10 Day High27.6
10 Day Low26.96
20 Day High27.6
20 Day Low25
52 Week High27.6
52 Week Low19.54
Performance
1 Week-0.25%
2 Weeks1.25%
1 Month10.02%
3 Month15.18%
6 Month13.24%
12 Month19.34%
2 Year16.7%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A

More info

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)

More info

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)
Technical Indicators
MACD(12,26,9)0.02
RSI(14)65.28
LBB26
UBB28.15

More info

Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
27.6126.950.66 (2.39%)25.00%
An entry @27.61. This is a Buy Stop order right above the resistance zone.An exit @26.95. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.66 points, which is 2.39%.For a 0.60% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.

More info and screens

HORIZONS GLOBAL BBIG TECH / BBIG Daily stock chart

HORIZONS GLOBAL BBIG TECH

TSX:BBIG (3/22/2024, 7:00:00 PM)

27.46

+0.12 (+0.44%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.44%
1 Week-0.25%
2 Weeks1.25%
1 Month10.02%
3 Month15.18%
6 Month13.24%
12 Month19.34%
2 Year16.7%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.24
ATR(20)%0.87%
ATR Inc-76.86%
Range Today0
ADR(20)0.06
ADR(20)%0.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.88
Mansfield-0.37
10 Day High27.6
10 Day Low26.96
20 Day High27.6
20 Day Low25
52 Week High27.6
52 Week Low19.54
CS1 End27.44
CR1 Start27.54
Volume & EV
DER(3)0%
DER(5)0%
Volume316
Volume Incr0.37%
Vol(5)476.6
Vol(50)771.74