BURCON NUTRASCIENCE CORP (BU.CA) Stock Technical Analysis
TSX:BU - Toronto Stock Exchange - CA1208311029 - Common Stock - Currency: CAD
Overall BU gets a technical rating of 2 out of 10. In the past year, BU 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.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
95% of all other stocks performed better in the past year than BU.
BU is part of the Chemicals industry. There are 32 other stocks in this industry, of which 80% are performing better than BU.
BU is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month BU has a been trading in the 0.09 - 0.13 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
BU 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 0.10. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for BU in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
0.09
0.20
When analyzing the support we notice one important area.
- A support zone ranging from 0.09 to 0.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 0.10 to 0.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.16 from a trend line in the daily time frame.
- Resistance @0.20 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
CRS5.54
Mansfield-5.11
10 Day High0.11
10 Day Low0.09
20 Day High0.13
20 Day Low0.09
52 Week High0.35
52 Week Low0.08
Performance
1 Week-5%
2 Weeks-9.52%
1 Month5.56%
3 Month-29.63%
6 Month-48.65%
12 Month-50%
2 Year-67.24%
3 Year-91.88%
5 Year-92.28%
10 Year-97.12%
15 Year-98.94%
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)49.65
LBB0.09
UBB0.11
TSX:BU (2/21/2025, 7:00:00 PM)
0.095
-0.01 (-7.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-7.32%
1 Week-5%
2 Weeks-9.52%
1 Month5.56%
3 Month-29.63%
6 Month-48.65%
12 Month-50%
2 Year-67.24%
3 Year-91.88%
5 Year-92.28%
10 Year-97.12%
15 Year-98.94%
Volatility
ATR(14)0.01
ATR(20)%9.47%
ATR Inc20.69%
Range Today0.01
ADR(20)0.01
ADR(20)%9.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.54
Mansfield-5.11
10 Day High0.11
10 Day Low0.09
20 Day High0.13
20 Day Low0.09
52 Week High0.35
52 Week Low0.08
CS1 End0.09
CR1 Start0.1
Volume & EV
DER(3)56.9%
DER(5)34.34%
Volume94.92K
Volume Incr106.74%
Vol(5)288.48K
Vol(50)168.08K