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
Momentum Indicator for BON turns negative, indicating new downward trend
BON saw its Momentum Indicator move below the 0 level on March 17, 2025. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 62 similar instances where the indicator turned negative. In of the 62 cases, the stock moved further down in the following days. The odds of a decline are at .
Technical Analysis (Indicators)
Bearish Trend Analysis
BON moved below its 50-day moving average on March 17, 2025 date and that indicates a change from an upward trend to a downward trend.
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 April 17, 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 demonstrates that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.
The Moving Average Convergence Divergence (MACD) for BON just turned positive on April 07, 2025. Looking at past instances where BON's MACD turned positive, the stock continued to rise in of 34 cases 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 166 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.
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% | +4.74% | ||
| PLAG - BON | 79% Closely correlated | +14.60% | ||
| ATPC - BON | 12% Poorly correlated | +17.61% | ||
| YNNHF - BON | 9% Poorly correlated | N/A | ||
| BRLS - BON | 8% Poorly correlated | N/A | ||
| BTTR - BON | 7% Poorly correlated | +8.02% | ||
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