Bunge Limited ($BG): About To Explode? (2019-11-13)

REPORTING FOR 2019-11-13 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how BG has been trading over the last 2 weeks and the past day especially. On its latest session, Bunge Limited ($BG) opened at 56.0, reaching a high of 56.63 and a low of 55.58 before closing at a price of 55.72. There was a total volume of 825712.

VOLUME INDICATORS FOR BUNGE LIMITED ($BG): We saw an accumulation-distribution index of 484.47033, an on-balance volume of -55.82, chaikin money flow of 2.33333 and a force index of -0.119. There was an ease of movement rating of 0.00174, a volume-price trend of 0.47304 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR BUNGE LIMITED ($BG): We noted an average true range of 0.77487, bolinger bands of 55.93197, an upper bollinger band of 54.84303, lower bollinger band of 55.58, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 56.07, high band keltner channel of 55.44, low band keltner channel of 56.7, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 55.58, a donchian channel low band of 55.58, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR BUNGE LIMITED ($BG): We calculated a Moving Average Convergence Divergence (MACD) of -0.00864, a MACD signal of -0.0048, a MACD difference of -0.00384, a fast Exponential Moving Average (EMA) indicator of 55.58, a slow Exponential Moving Average (EMA) indicator of 55.58, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.38259, a trix of 1.09159, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of -0.44113, a KST Oscillator (KST) of 8.0004 and a KST Oscillator (KST Signal) of 8.0004 (leaving a KST difference of -1.74559). We also found an Ichimoku rating of 56.315, an Ichimoku B rating of 56.315, a Ichimoku visual trend A of 55.91872, an Ichimoku visual trend B of 55.5827, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0.

MOMENTUM INDICATORS FOR BUNGE LIMITED ($BG): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 51.22705, a stochastic oscillator of 166.66667, a stochastic oscillator signal of 166.66667, a Williams %R rating of 66.66667 and an awesome oscillator of -0.07017.

RETURNS FOR BUNGE LIMITED ($BG): There was a daily return of 0.80004, a daily log return of -0.69511 and a cumulative return of -0.6927.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-11-13 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Bunge Limited ($BG)…

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Bunge Limited ($BG) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

Latest posts by Gary Ivenchuck (see all)

    Leave a Reply

    Your email address will not be published. Required fields are marked *