BON sees its Stochastic Oscillator climbs out of oversold territory
On December 12, 2024, the Stochastic Oscillator for BON moved out of oversold territory and this could be a bullish sign for the stock. Traders may want to buy the stock or buy call options. Tickeron's A.I.dvisor looked at 43 instances where the indicator left the oversold zone. In of the 43 cases the stock moved higher in the following days. This puts the odds of a move higher at over .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on December 12, 2024. You may want to consider a long position or call options on BON as a result. In of 55 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for BON just turned positive on December 12, 2024. Looking at past instances where BON's MACD turned positive, the stock continued to rise in of 31 cases over the following month. The odds of a continued upward trend are .
BON moved above its 50-day moving average on December 09, 2024 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for BON crossed bullishly above the 50-day moving average on November 29, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 10 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Following a +2 3-day Advance, the price is estimated to grow further. Considering data from situations where BON advanced for three days, in of 151 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 47 cases where BON Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The 10-day RSI Indicator for BON moved out of overbought territory on November 29, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 11 similar instances where the indicator moved out of overbought territory. In of the 11 cases, the stock moved lower in the following days. This puts the odds of a move lower 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 .
BON broke above its upper Bollinger Band on November 25, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
BON and Stocks
Correlation & Price change
A.I.dvisor indicates that over the last year, BON has been closely correlated with BSFC. These tickers have moved in lockstep 86% of the time. This A.I.-generated data suggests there is a high statistical probability that if BON jumps, then BSFC could also see price increases.
| Ticker / NAME | Correlation To BON | 1D Price Change % | ||
|---|---|---|---|---|
| BON | 100% | -1.18% | ||
| BSFC - BON | 86% Closely correlated | +0.69% | ||
| NATR - BON | 20% Poorly correlated | -0.32% | ||
| MAMA - BON | 10% Poorly correlated | -14.95% | ||
| FAMI - BON | 10% Poorly correlated | +7.39% | ||
| FRPT - BON | 9% Poorly correlated | -0.46% | ||
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Groups containing BON
Correlation & Price change
| Ticker / NAME | Correlation To BON | 1D Price Change % |
|---|---|---|
| BON | 100% | -1.18% |
| BON (2 stocks) | 52% Loosely correlated | -0.93% |
| Process Industries (423 stocks) | -2% Poorly correlated | -1.30% |