BROMPTON WLGT SQ AAA CLO ETF (BAAA.CA) Stock Technical Analysis
TSX:BAAA - Toronto Stock Exchange - CA11222G1037 - ETF - Currency: CAD
Overall BAAA gets a technical rating of 3 out of 10. 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.
The technical rating of BAAA is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
19.83
We found 1 important support area.
- A support zone ranging from 20.03 to 20.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 20.08 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) | 96.23 | OVERBOUGHT | The high RSI value suggests BAAA.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.73 | NEGATIVE | The MACD value suggests BAAA.CA has a negative trend. |
| Stochastics (14,3) | 2.19 | OVERSOLD | The low Stochastics value suggests BAAA.CA may be oversold. |
| Average True Range in percent/ATR (20) | 0.15 | LOW VOLATILITY | The low ATR as a percentage value for BAAA.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 80.72 | POSITIVE | The high ADX value value for BAAA.CA suggests a strong trend. |
TSX:BAAA (6/5/2025, 7:00:00 PM)
20.04
-0.02 (-0.1%)