Bunge Global SA appears in the SIA S&P 500 Index Report at position 79 out of 500, and has moved up 112 spots over the past month and 42 spots over the past week. The stock sits within the Food & Beverage sector, which ranks 29 out of 31 sectors in the SIA Sector Report and remains in the unfavoured red zone, despite having moved up one position over the past month. Today's report reviews Bunge’s current technical structure, relative positioning, and performance versus the broader market.
Bunge carries an SIA SMAX Score of 9 out of 10, reflecting strong alignment across SIA technical and relative strength measures. The stock appears in the SIA S&P 500 Index Report, where it is currently positioned at 79 out of 500, sitting within the favored zone of the report. Relative movement has been notable, with the stock moving up 112 spots over the past month and 42 spots over the past week, indicating improving relative momentum over short time frames.
From a technical perspective, 3-box reversal support is identified at $103.41, with a longer-standing zone of support between $88.26 and $86.53, which dates back to 2008. Additional trend support is noted at $78.37. Initial resistance is identified at $114.18, just above current levels, where a move to this area would mark a new all-time high and align with a spread double top configuration. Further upside resistance, based on vertical count methodology derived from prior consolidation, is identified at $131.15, with a secondary vertical count projecting resistance near $141.96. The most recent signal is a Spread Triple Top, which may suggest continued participation if prevailing conditions remain intact.
Performance metrics show monthly, quarterly, and yearly returns of 22.52%, 19.17%, and 47.51%, respectively. By comparison, the S&P 500 Index recorded monthly, quarterly, and yearly returns of 0.60%, 2.08%, and 13.66%, indicating relative outperformance across all measured periods.
Bunge Global SA is a global agribusiness and food company engaged in the sourcing, processing, and distribution of agricultural commodities including oilseeds, grains, and related products. The company operates across a broad international footprint, connecting agricultural producers with food, feed, and fuel markets worldwide. Its operating performance may continue to be influenced by global crop conditions, commodity price dynamics, and developments across agricultural supply chains.
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