BON Bon Natural Life Limited Forecast, Technical & Fundamental Analysis
Bon Natural Life Ltd is engaged in the manufacturing of personal care ingredients, such as plants extracted fragrance compounds to perfume and fragrance manufacturers, natural health supplements such as powder drinks and bioactive food ingredient products mostly used as food additives and nutritional supplements... Show more
BON's Stochastic Oscillator remains in oversold zone for 6 days
The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an uptrend is expected.
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where BON's RSI Oscillator exited the oversold zone, of 22 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where BON advanced for three days, in of 162 cases, the price rose further within the following month. The odds of a continued upward trend are .
BON may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on February 19, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on BON as a result. In of 62 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for BON turned negative on February 20, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 34 similar instances when the indicator turned negative. In of the 34 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where BON declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for BON entered a downward trend on February 27, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
BON and Stocks
Correlation & Price change
A.I.dvisor tells us that BON and NATR have been poorly correlated (+20% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that BON and NATR's prices will move in lockstep.
| Ticker / NAME | Correlation To BON | 1D Price Change % | ||
|---|---|---|---|---|
| BON | 100% | +3.56% | ||
| NATR - BON | 20% Poorly correlated | -2.26% | ||
| MAMA - BON | 10% Poorly correlated | -1.88% | ||
| FAMI - BON | 10% Poorly correlated | -3.39% | ||
| FRPT - BON | 9% Poorly correlated | -10.17% | ||
| K - BON | 9% Poorly correlated | +0.34% | ||
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Groups containing BON
Correlation & Price change
| Ticker / NAME | Correlation To BON | 1D Price Change % |
|---|---|---|
| BON | 100% | +3.56% |
| Process Industries category (429 stocks) | 7% Poorly correlated | -0.81% |