Overall BON gets a technical rating of 1 out of 10. BON's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
BON has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 1.89. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.80, a Stop Loss order could be placed below this zone.
More info and screens
1.58
We found 3 important support areas.
- A support zone ranging from 1.77 to 1.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.69 from a trend line in the daily time frame.
- Support @1.60 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.89 to 1.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | DOWN | NEGATIVE | The long term trend for BON is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BON is neutral. |
| ChartMill Relative Strength | 4.41 | NEGATIVE | BON has a low relative strength, it was outperformed by 95.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BON is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BON is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BON is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.29 | NEUTRAL | The RSI value for BON is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests BON has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 69.72 | NEUTRAL | The Stochastics value for BON is a neutral value. |
| Average True Range in percent/ATR (20) | 6.66 | HIGH VOLATILITY | The high ATR as a percentage value for BON suggests high volalility. |
| Average Directional Index/ADX (14) | 17.36 | NEGATIVE | The low ADX value for BON suggests a weak or negative trend. |
1.812
-0.05 (-2.64%)
BON NATURAL LIFE LTD-A / BON FAQ
Can you provide the ChartMill technical rating for BON NATURAL LIFE LTD-A?
ChartMill assigns a technical rating of 1 / 10 to BON.
What is the current trend direction of BON NATURAL LIFE LTD-A (BON) stock?
The current trend direction for BON NATURAL LIFE LTD-A (BON) is Bearish.
What is the RSI signal for BON NATURAL LIFE LTD-A (BON) stock?
BON NATURAL LIFE LTD-A (BON) has an RSI value of 48.2852. This indicates that the stock is currently neutral.
Can you provide the short term momentum for BON NATURAL LIFE LTD-A?
The short term momentum for BON NATURAL LIFE LTD-A (BON) is neutral.
What is the support and resistance level for BON stock?
BON NATURAL LIFE LTD-A (BON) has a support level at 1.8 and a resistance level at 1.89. Check the full technical report for our detailed analysis of BON support and resistance levels.