BROMPTON WLGT SQ AAA CLO ETF (BAAA.CA) Stock Technical Analysis
TSX:BAAA - Toronto Stock Exchange - CA11222G1037 - ETF - Currency: CAD
We assign a technical rating of 3 out of 10 to BAAA. In the last year, BAAA was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
BAAA has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 20.03, a Stop Loss order could be placed below this zone.
More info and screens
19.81
We found 1 important support area.
- A support zone ranging from 20.01 to 20.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 20.04 to 20.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for BAAA.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BAAA.CA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | BAAA.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BAAA.CA is below a declining SMA(20). |
| Relative Strength Index/RSI (14) | 90.4 | OVERBOUGHT | The high RSI value suggests BAAA.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.31 | NEGATIVE | The MACD value suggests BAAA.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 45.45 | NEUTRAL | The Stochastics value for BAAA.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.12 | LOW VOLATILITY | The low ATR as a percentage value for BAAA.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 82.77 | POSITIVE | The high ADX value value for BAAA.CA suggests a strong trend. |
TSX:BAAA (7/16/2025, 7:00:00 PM)
20.04
0 (0%)