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Bonhill Group (BONH)

9.45p

15:35 02/06/20

  • 0.00% 0.00p
  • Today's Low & High
  • 8.50 / 9.65
  • Open / Previous Close
  • 9.45 / 9.45
  • 52-week range
  • -88.33% -71.55p
  • Volume
  • 64,617
  • Market Cap(million)
  • £5.05m

Technical Analysis

Support and resistance levels

S1

0.07
-23.00%

R1

0.34
274.00%

S2

0.05
-44.00%

R2

0.37
311.00%

Technical comment

Short term
Medium term
Long term

Pivot Points

  • Levels of negotiation support
  • 0.08
  • 0.07
  • Levels of negotiation support resistance
  • 0.09
  • 0.09

Technical situation

The rebound has gone above the previous bearish impulse origin at 0.09 biasing the short term upwards.

Recommendation

Short term comment

Rises from the last lows set at 0.05 heavily press upwards the mid/long-term profile, which is still neutral-bearish. Short-term bias is therefore neutral-bullish with an initial resistance level at 0.34 whose loss would confirm the mid-term upwards turn.

Long term comment

From some months ago, long-term scenario remains bearish. However, it shall be taken in account that since the last lows an exhaustion in the trend is being noticed. Therefore, extreme caution is recommended in spite of an eventual upwards turn.

Indicator Previous Current Signal Comment
RSI 7 77.85 77.85 The RSI 7 points an overbought situation (bullish trend is fragile).
RSI 14 60.99 60.99 The RSI 14 doesn't show any sign of overbuy/oversell.
RSI 21 50.68 50.68 The RSI 21 doesn't show any sign of overbuy/oversell.
RSI 50 38.91 38.91 The RSI 50 doesn't show any sign of overbuy/oversell.
RSI 200 40.67 40.67 The RSI 200 doesn't show any sign of overbuy/oversell.
Fast Stochastic n/a n/a Intermediate zone for the indicator, no exhaustion signal.
Slow Stochastic n/a n/a Intermediate zone for the indicator, no exhaustion signal.
Simple Moving Average 7 0.08 0.08 Extremely bullish very short-term trend.
Simple Moving Average 21 0.07 0.07 Extremely bullish short/mid term trend.
Simple Moving Average 50 0.07 0.07 Extremely bullish mid-term trend.
Simple Moving Average 200 0.34 0.34 Bearish long-term trend.
Exponential Moving Average 7 0.08 0.08 Extremely bullish very short-term trend.
Exponential Moving Average 21 0.08 0.08 Extremely bullish short/mid term trend.
Exponential Moving Average 50 0.08 0.08 Bullish mid-term trend.
Exponential Moving Average 200 0.08 0.08 Bullish long-term trend.
MACD Line 0.00 0.00 Possible price turn.
MACD Signal 0.00 0.00 Possible price turn.
Bollinger 95 n/a n/a
Bollinger 99 n/a n/a
Double Exponential Moving Average 7 0.08 0.08 Extremely bullish very short-term trend.
Double Exponential Moving Average 21 0.07 0.07 Extremely bullish short/mid term trend.
Double Exponential Moving Average 50 0.07 0.07 Extremely bullish mid-term trend.
Double Exponential Moving Average 200 0.07 0.07 Bullish long-term trend.
Divergences n/a n/a NO
On Balance Vol. 58,062.28 65,395.75 OBV is bullish
Momentum 7 0.01 0.01 Extremely high rising speed in the very short term.
Momentum 7 0.03 0.03 Extremely high short-term rising speed.
% K Williams 50.00 50.00 Neutral, doesn't favour a price turn.
Priority Date Notification
03/06/2020 RSI7 points some overbuying, therefore bearish pressure is likely to increase in short terms.
01/06/2020 RSI7 points some overbuying, therefore bearish pressure is likely to increase in short terms.
23/04/2020 Moderate strength signals from fast stochastic anticipate likely short-term rebounds.
22/04/2020 Moderate strength signals from fast stochastic anticipate likely short-term rebounds.
21/04/2020 RSI7 points some overselling, which if increasing, is likely to reflect renewed short term bullish pressure.
21/04/2020 RSI14 points some overselling, which if increasing, is likely to reflect renewed short and mid term bullish pressure.
21/04/2020 RSI7 points some overselling, which if increasing, is likely to reflect renewed mid term bullish pressure.
21/04/2020 Moderate strength signals from fast stochastic anticipate likely short-term rebounds.
20/04/2020 RSI7 points some overselling, which if increasing, is likely to reflect renewed short term bullish pressure.
20/04/2020 RSI14 points some overselling, which if increasing, is likely to reflect renewed short and mid term bullish pressure.
20/04/2020 RSI7 points some overselling, which if increasing, is likely to reflect renewed mid term bullish pressure.