BROOKFIELD ASSET MGMT-A (BAM) Stock Technical Analysis
USA - NYSE:BAM - CA1130041058 - Common Stock
58.68 USD
+0.16 (+0.27%)
58.7205 USD
+0.04 (+0.07%)
We assign a technical rating of 6 out of 10 to BAM. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, BAM did better than 75% of all other stocks.
BAM is part of the Capital Markets industry. There are 237 other stocks in this industry. BAM outperforms 74% of them.
BAM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BAM is lagging the market slightly.
BAM has an average volume of 1960740 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month BAM has a been trading in the 55.29 - 61.66 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BAM has an average technical rating and the quality of the presented setup is also not ideal 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
48.63
63.83
We found 2 important support areas.
- A support zone ranging from 55.67 to 57.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @49.12 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 63.03 to 63.20. This zone is formed by a combination of multiple trend lines 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 BAM is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BAM is neutral. |
| ChartMill Relative Strength | 75.37 | POSITIVE | BAM has a high relative strength, it outperformed 75.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BAM is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of BAM is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BAM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.43 | NEUTRAL | The RSI value for BAM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests BAM has a positive trend. |
| Stochastics (14,3) | 50.94 | NEUTRAL | The Stochastics value for BAM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.39 | MEDIUM VOLATILITY | The ATR as a percentage value for BAM suggests some volalility. |
| Average Directional Index/ADX (14) | 16.57 | NEGATIVE | The low ADX value for BAM suggests a weak or negative 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)
58.68
+0.16 (+0.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg0.27%
1 Week5.39%
2 Weeks0.29%
1 Month-2.22%
3 Month7.97%
6 Month18.47%
12 Month25.25%
2 Year76%
3 Year43.51%
5 Year77.5%
10 Year179.96%
15 Year365.39%
Volatility
ATR(14)1.46
ATR(20)%2.39%
ATR Inc2%
Range Today1.6
ADR(20)1.35
ADR(20)%2.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.37
Mansfield-0.39
10 Day High59.88
10 Day Low55.29
20 Day High61.66
20 Day Low55.29
52 Week High64.1
52 Week Low41.78
CS1 End57.43
CR1 Start63.03
Volume & EV
DER(3)0.08%
DER(5)-0.07%
Volume2.20M
Volume Incr17.94%
Vol(5)2.33M
Vol(50)1.96M