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Bunge Ltd Has Returned 10.1% Since SmarTrend Recommendation (BG)

May 13, 2022 (SmarTrend(R) Spotlight via COMTEX) --

SmarTrend identified an Uptrend for Bunge Ltd (NYSE:BG) on January 27th, 2022 at $97.96. In approximately 4 months, Bunge Ltd has returned 10.06% as of today's recent price of $107.82.

Over the past year, Bunge Ltd has traded in a range of $71.73 to $127.38 and is now at $107.82, 50% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.4%.

Bunge Limited operates as a global agribusiness and food company. The Company buys, sells, stores, transports, and processes oilseeds and grains to make protein meal for animal feed and edible oil products for commercial customers. Bunge also produces sugar and ethanol from sugarcane, mills wheat, and corn, as well as sells fertilizers.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Bunge Ltd shares.Log in and add Bunge Ltd (BG) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to SmarTrend at cs@mysmartrend.com

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SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com

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COMTEX_407148481/2476/2022-05-13T11:58:04

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