BUNGE GLOBAL SA (BG) Stock Technical Analysis
NYSE:BG - New York Stock Exchange, Inc. - CH1300646267 - Common Stock - Currency: USD
Taking everything into account, BG scores 3 out of 10 in our technical rating. In the past year, BG was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
70% of all other stocks performed better in the past year than BG.
BG is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month BG has a been trading in the 68.33 - 79.01 range, which is quite wide. It is currently trading near the high of this range.
BG has an average volume of 1863250 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
BG is an average performer in the Food Products industry, it outperforms 42% of 88 stocks in the same industry.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although the technical rating is bad, BG does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 78.97. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 76.35, a Stop Loss order could be placed below this zone.
More info and screens
68.38
116.17
We found 2 important support areas.
- A support zone ranging from 73.59 to 76.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 69.07 to 69.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 78.97 to 78.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @115.02 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.2
Mansfield-0.72
10 Day High79.01
10 Day Low68.33
20 Day High79.01
20 Day Low68.33
52 Week High114.92
52 Week Low67.4
Performance
1 Week7.82%
2 Weeks0.97%
1 Month6.77%
3 Month-0.73%
6 Month-11.83%
12 Month-27.9%
2 Year-15.64%
3 Year-30.2%
5 Year99.04%
10 Year-8.58%
15 Year49.12%
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)0.34
RSI(14)60.27
LBB70.26
UBB80.81
78.96
+2.58 (+3.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg3.38%
1 Week7.82%
2 Weeks0.97%
1 Month6.77%
3 Month-0.73%
6 Month-11.83%
12 Month-27.9%
2 Year-15.64%
3 Year-30.2%
5 Year99.04%
10 Year-8.58%
15 Year49.12%
Volatility
ATR(14)2.95
ATR(20)%3.31%
ATR Inc-31.81%
Range Today2.26
ADR(20)2.5
ADR(20)%3.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.2
Mansfield-0.72
10 Day High79.01
10 Day Low68.33
20 Day High79.01
20 Day Low68.33
52 Week High114.92
52 Week Low67.4
CS1 End76.35
CR1 Start78.97
Volume & EV
DER(3)2.22%
DER(5)-0.06%
Volume1.58M
Volume Incr-31.05%
Vol(5)1.45M
Vol(50)1.86M