BROOKFIELD ASSET MGMT-A (BAM.CA) Stock Technical Analysis
TSX:BAM - Toronto Stock Exchange - CA1130041058 - Common Stock - Currency: CAD
Overall BAM gets a technical rating of 8 out of 10. BAM has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Both the short term and long term trends are positive. This is a very positive sign.
BAM is one of the better performing stocks in the Capital Markets industry, it outperforms 85% of 82 stocks in the same industry.
BAM is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so BAM is performing more or less in line with the market.
BAM is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
BAM has an average volume of 1377790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, BAM did better than 81% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
Besides having an excellent technical rating, BAM also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
61.88
83.84
We found 3 important support areas.
- A support zone ranging from 77.65 to 77.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @65.39 from a trend line in the weekly time frame.
- Support @62.50 from a trend line in the daily time frame.
We found 1 important resistance area.
- Resistance @83.01 from a trend line in the daily time frame.
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 BAM.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BAM.CA is up. |
| ChartMill Relative Strength | 81.62 | POSITIVE | BAM.CA has a high relative strength, it outperformed 81.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BAM.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BAM.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BAM.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.95 | NEUTRAL | The RSI value for BAM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.52 | NEGATIVE | The MACD value suggests BAM.CA has a negative trend. |
| Stochastics (14,3) | 38.38 | NEUTRAL | The Stochastics value for BAM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.53 | MEDIUM VOLATILITY | The ATR as a percentage value for BAM.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 20.2 | NEUTRAL | The ADX value for BAM.CA suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 80.43 | 77.64 | 2.79 (3.47%) | 25.00% |
| An entry @80.43. This is a Buy Stop order right above the 10 day moving average. | An exit @77.64. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.79 points, which is 3.47%. | For a 0.87% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:BAM (5/28/2025, 7:00:00 PM)
77.81
-1.77 (-2.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-2.22%
1 Week-2.06%
2 Weeks-4.26%
1 Month4.49%
3 Month-4.82%
6 Month-3.11%
12 Month45.44%
2 Year87.49%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.86
ATR(20)%2.53%
ATR Inc-21.19%
Range Today1.83
ADR(20)1.71
ADR(20)%2.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.62
Mansfield1.04
10 Day High84.18
10 Day Low77.54
20 Day High84.18
20 Day Low72.3
52 Week High90.24
52 Week Low51.14
CS1 End77.65
CR1 Start83.01
Volume & EV
DER(3)-1.95%
DER(5)-1.19%
Volume655.27K
Volume Incr74.56%
Vol(5)2.46M
Vol(50)1.38M