BG - Bunge Limited (Daily chart, NYSE) - Long PositionBG - Bunge Limited (Daily chart, NYSE) - Long Position; short-term research idea.
Risk assessment: Medium {support structure integrity risk}
Risk/Reward ratio ~ 3
Current Market Price (CMP) ~ 75.80
Entry limit ~ 75.50 to 74.50 (Avg. - 75) on April 15, 2025
Target limit ~ 78 (+4%; +3 points)
Key facts today
Citigroup has raised its price target for Bunge Global SA (BG) to $77.00 per share from the previous target of $76.00, while maintaining a neutral rating on the stock.
1.50 USD
1.01 B USD
47.17 B USD
About Bunge Limited
Sector
Industry
CEO
Gregory A. Heckman
Website
Headquarters
Chesterfield
Founded
2023
ISIN
ARDEUT115029
Bunge Global SA engages in agribusiness including food and ingredients. It connects farmers to consumers to deliver essential and sustainable food, feed and fuel. The company was founded on February 14, 2023 and is headquartered in Chesterfield, MO.
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Impact: Coffee prices are likely to rise
Food Additive Giants: Macro Fib SchematicsThese food additive companies manufacture agricultural ingrediants and additives that nakes its way to prodcust in grocery stores. Archer Daniels Midlands Co, Bunge Limited, International Flavors & Fragrances, Ingredion Inc, DuPont De Nemours, LyondellBasell Industries, Kerry Group, and Givauden are
Bunge Limited ($BG) LongBunge Limited ( NYSE:BG ) is an American agribusiness and food company, incorporated in Bermuda, and headquartered in St. Louis, Missouri, United States. As well as being an international soybean exporter, it is also involved in food processing, grain trading, and fertilizer. The daily chart shows
Bunge - nice short oportunityBig picture indicates Bunge has completed wave b of larger degree wave 4 (started in 2008) and has printed wave (1) of circle C targeting 25-30 level. Expect to see a pb in (2) up to 110 zone. Be prepared for a strong move down in wave (3) over the next 10-12 months. See similar set-up in FCX.
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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