Our Analysis of Bunge Limited (NYSE:BG) (2020-01-02)

REPORTING FOR 2020-01-02 | WCX19.ORG: 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 (NYSE:BG) opened at 57.12, reaching a high of 57.75 and a low of 56.94 before closing at a price of 57.55. There was a total volume of 634009.

VOLUME INDICATORS FOR BUNGE LIMITED (NYSE:BG): We saw an accumulation-distribution index of 519.40361, an on-balance volume of -57.15, chaikin money flow of 1.57143 and a force index of -0.03564. There was an ease of movement rating of 0.00032, a volume-price trend of 2.38102 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR BUNGE LIMITED (NYSE:BG): We noted an average true range of 0.67817, bolinger bands of 56.9997, an upper bollinger band of 56.815, lower bollinger band of 56.94, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 57.27, high band keltner channel of 56.64, low band keltner channel of 57.9, 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 56.94, a donchian channel low band of 56.94, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR BUNGE LIMITED (NYSE:BG): We calculated a Moving Average Convergence Divergence (MACD) of -0.00147, a MACD signal of -0.00081, a MACD difference of -0.00065, a fast Exponential Moving Average (EMA) indicator of 56.94, a slow Exponential Moving Average (EMA) indicator of 56.94, 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 0.52837, a trix of 3.10596, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of -2.23448, a KST Oscillator (KST) of 40.84551 and a KST Oscillator (KST Signal) of 40.84551 (leaving a KST difference of -0.29842). We also found an Ichimoku rating of 57.435, an Ichimoku B rating of 57.435, a Ichimoku visual trend A of 55.6477, an Ichimoku visual trend B of 55.69072, 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 (NYSE: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 92.54496, a stochastic oscillator of 128.57143, a stochastic oscillator signal of 128.57143, a Williams %R rating of 28.57143 and an awesome oscillator of 0.005.

RETURNS FOR BUNGE LIMITED (NYSE:BG): There was a daily return of 4.08455, a daily log return of -0.11475 and a cumulative return of -0.11468.

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 2020-01-02 (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 (NYSE: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 (NYSE: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.