BON's Stochastic Oscillator is staying in overbought zone for 2 days
Expect a price pull-back in the near future.
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day moving average for BON crossed bearishly below the 50-day moving average on January 22, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 10 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
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 12, 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.
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where BON's RSI Indicator exited the oversold zone, of 21 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on February 12, 2025. You may want to consider a long position or call options on BON as a result. In of 61 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 February 10, 2025. Looking at past instances where BON's MACD turned positive, the stock continued to rise in of 33 cases over the following month. The odds of a continued upward trend are .
BON and Stocks
Correlation & Price change
A.I.dvisor indicates that over the last year, BON has been closely correlated with PLAG. These tickers have moved in lockstep 79% of the time. This A.I.-generated data suggests there is a high statistical probability that if BON jumps, then PLAG could also see price increases.
| Ticker / NAME | Correlation To BON | 1D Price Change % | ||
|---|---|---|---|---|
| BON | 100% | -1.88% | ||
| PLAG - BON | 79% Closely correlated | +0.44% | ||
| ATPC - BON | 12% Poorly correlated | +0.21% | ||
| YNNHF - BON | 9% Poorly correlated | N/A | ||
| BRLS - BON | 8% Poorly correlated | +11.71% | ||
| BTTR - BON | 7% Poorly correlated | +4.85% | ||
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Groups containing BON
Correlation & Price change
| Ticker / NAME | Correlation To BON | 1D Price Change % |
|---|---|---|
| BON | 100% | -1.88% |
| BON (2 stocks) | 70% Closely correlated | +0.27% |
| Process Industries (423 stocks) | -11% Poorly correlated | -0.35% |