Londinia Opportunities Analyses - 12/30/2024 (GMT) BUNGE LTD. - 1H
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USD
(-)
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15 min delayed data - NYSE Stocks
| Type: | Stocks |
| Ticker: | BG |
| ISIN: | BMG169621056 |
- U.S. Stocks
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
6%
67%
28%
My opinion
Bearish under 77.61 USD
My targets
75.25 USD (-2.14%)
73.16 USD (-4.85%)
My analysis
The bearish trend is currently very strong for BUNGE LTD.. As long as the price remains below the resistance at 77.61 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 75.25 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 73.16 USD as an objective. Crossing it would then enable sellers to target 67.99 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
8
Analysis too old. There are no more charts available.
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Additional analysis
Quotes
The BUNGE LTD. rating is 76.89 USD. The price registered a decrease of -1.51% on the session and was traded between 76.38 USD and 78.35 USD over the period. The price is currently at +0.67% from its lowest and -1.86% from its highest.76.38
78.35
76.89
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by BUNGE LTD.:
New LOW record (1 year)
Type : Bearish
Timeframe : Weekly
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of BUNGE LTD. indicates that the overall trend is strongly bearish. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators shows a bearish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The presence of these Japanese chandelier patterns detected by Central Candlesticks that could impact the current short-term trend were also noted:
Black hanging man / hammer
Type : Neutral
Timeframe : 1 hour
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 26.90 | 42.16 | 67.99 | 76.89 | 77.61 | 79.47 | 82.28 |
| Change (%) | -65.01% | -45.17% | -11.57% | - | +0.94% | +3.36% | +7.01% |
| Change | -49.99 | -34.73 | -8.90 | - | +0.72 | +2.58 | +5.39 |
| Level | Minor | Minor | Major | - | Major | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 75.25 | 76.38 | 77.23 | 78.36 | 79.21 | 80.34 | 81.19 |
| Camarilla | 77.53 | 77.71 | 77.89 | 78.07 | 78.25 | 78.43 | 78.62 |
| Woodie | 75.10 | 76.31 | 77.08 | 78.29 | 79.06 | 80.27 | 81.04 |
| Fibonacci | 76.38 | 77.14 | 77.61 | 78.36 | 79.12 | 79.59 | 80.34 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 75.25 | 76.38 | 77.23 | 78.36 | 79.21 | 80.34 | 81.19 |
| Camarilla | 77.53 | 77.71 | 77.89 | 78.07 | 78.25 | 78.43 | 78.62 |
| Woodie | 75.10 | 76.31 | 77.08 | 78.29 | 79.06 | 80.27 | 81.04 |
| Fibonacci | 76.38 | 77.14 | 77.61 | 78.36 | 79.12 | 79.59 | 80.34 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 73.16 | 77.35 | 83.53 | 87.72 | 93.90 | 98.09 | 104.27 |
| Camarilla | 86.85 | 87.80 | 88.75 | 89.70 | 90.65 | 91.60 | 92.55 |
| Woodie | 74.15 | 77.85 | 84.52 | 88.22 | 94.89 | 98.59 | 105.26 |
| Fibonacci | 77.35 | 81.32 | 83.76 | 87.72 | 91.69 | 94.13 | 98.09 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 35.41 | |
| MACD (12,26,9): | -0.5200 | |
| Directional Movement: | -9.73 | |
| AROON (14): | -57.14 | |
| DEMA (21): | 77.12 | |
| Parabolic SAR (0,02-0,02-0,2): | 78.99 | |
| Elder Ray (13): | -0.68 | |
| Super Trend (3,10): | 78.60 | |
| Zig ZAG (10): | 76.81 | |
| VORTEX (21): | 0.8400 | |
| Stochastique (14,3,5): | 20.73 | |
| TEMA (21): | 77.03 | |
| Williams %R (14): | -84.62 | |
| Chande Momentum Oscillator (20): | -2.25 | |
| Repulse (5,40,3): | -0.3500 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0700 | |
| Courbe Coppock: | 3.25 |
| MA7: | 78.31 | |
| MA20: | 82.24 | |
| MA50: | 85.37 | |
| MA100: | 91.00 | |
| MAexp7: | 77.16 | |
| MAexp20: | 77.80 | |
| MAexp50: | 78.86 | |
| MAexp100: | 80.65 | |
| Price / MA7: | -1.81% | |
| Price / MA20: | -6.51% | |
| Price / MA50: | -9.93% | |
| Price / MA100: | -15.51% | |
| Price / MAexp7: | -0.35% | |
| Price / MAexp20: | -1.17% | |
| Price / MAexp50: | -2.50% | |
| Price / MAexp100: | -4.66% |
Quotes :
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15 min delayed data
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Actions NYSE
News
The latest news and videos published on BUNGE LTD. at the time of the analysis were as follows:
- Bunge Limited Finance Corp. Announces Extension of Exchange Offers
- Bunge Reaches 100% Monitoring of its Indirect Soy Value Chain in Brazil’s Priority Regions
- Bunge Announces Expansion of Existing Share Repurchase Program
- Bunge and Musim Mas Collaborate to Make Palm Value Chain more Sustainable
- Bunge Declares Quarterly Dividend on Common Shares