BEDFORD METALS CORP (BFM.CA) Stock Technical Analysis
TSX-V:BFM - TSX Venture Exchange - CA0762301012 - Common Stock - Currency: CAD
Overall BFM gets a technical rating of 1 out of 10. BFM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
96% of all other stocks performed better in the past year than BFM.
BFM is one of the lesser performing stocks in the Metals & Mining industry. 88% of 822 stocks in the same industry do better.
BFM is currently trading near the lower end of its 52 week range, which is not a good sign. BFM is lagging the S&P500 Index which is trading in the middle of its 52 week range.
BFM is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, BFM does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 0.38, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BFM in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.35
0.41
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.38 to 0.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.35 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 0.39 to 0.39. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.41 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.66
Mansfield-6.96
10 Day High0.42
10 Day Low0.37
20 Day High0.46
20 Day Low0.37
52 Week High2.32
52 Week Low0.29
Performance
1 Week0%
2 Weeks-1.28%
1 Month-3.75%
3 Month-30%
6 Month-61.5%
12 Month-60.31%
2 Year285%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)40.64
LBB0.38
UBB0.41
TSX-V:BFM (3/7/2025, 7:00:00 PM)
0.385
-0.01 (-1.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-1.28%
1 Week0%
2 Weeks-1.28%
1 Month-3.75%
3 Month-30%
6 Month-61.5%
12 Month-60.31%
2 Year285%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%6.56%
ATR Inc-54.1%
Range Today0.02
ADR(20)0.02
ADR(20)%5.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.66
Mansfield-6.96
10 Day High0.42
10 Day Low0.37
20 Day High0.46
20 Day Low0.37
52 Week High2.32
52 Week Low0.29
CS1 End0.38
CR1 Start0.39
Volume & EV
DER(3)0%
DER(5)13.4%
Volume14.47K
Volume Incr-8.13%
Vol(5)39.71K
Vol(50)75.78K