Meyka Pro banner
Bonterra Energy Corp.

BNE.TO Technical Analysis Summary (TSX)

Analyze BNE.TO on the TSX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

BNE.TOTSX
EnergyOil & Gas Exploration & Production
$6.01
$0.30(4.75%)
Canadian Market opens in 0h 0m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

BNE.TO Technical Analysis Summary (TSX)

Bonterra Energy Corp. (TSX: BNE.TO) stock currently shows a neutral trend on the TSX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 48.86)
Trend Strength:Weak (ADX: 17.92)
Volatility:Medium (ATR: 0.23)
Support/Resistance:$5.63 – $6.56 (Bollinger Bands)

Technical conditions suggest Bonterra Energy Corp. on the TSX is awaiting a decisive move. Overall, Bonterra Energy Corp. remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 48.86

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 56.98

Neutral
Mid-range signal with no clear trend.

Williams %R: -82.54

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): 0.00

Neutral
Price change is minimal.

Takeaway:Bonterra Energy Corp. shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: 0.14

Bullish
Bullish, trend momentum is strengthening.

ADX: 17.92

Weak
Weak trend, market trading sideways.

ATR (14): 0.23

Low
Low volatility, stable price action.

CCI (14): -117.81

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Bonterra Energy Corp. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$6.56
Middle Band (SMA 20)
$6.10
Lower Band
$5.63
Current Position
Within Bands

Takeaway:Bonterra Energy Corp. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$6.58
Middle Line (EMA 20)
$6.11
Lower Channel
$5.65
Squeeze Status
No Squeeze

Takeaway:Bonterra Energy Corp. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume245.66K
Money Flow Index50.28Neutral, balanced money flows with no clear signal.
Relative Vigor Index41.60Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:BNE.TO shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Bonterra Energy Corp. (TSX: BNE.TO), here are the key trading signals and recommendations:

Bullish Signals

MACD above 0 → bullish trend confirmation.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Bonterra Energy Corp. are mixed, suggesting a Hold or wait-and-see approach.

(TSX: BNE.TO) Technical Analysis FAQ