BROOKFIELD ASSET MGMT-A (BAM) Technical Analysis
NYSE:BAM • CA1130041058
Current stock price
BAM Technical Rating and Analysis
Taking everything into account, BAM scores 1 out of 10 in our technical rating. BAM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 81% of all other stocks performed better in the past year than BAM.
- BAM is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BAM is lagging the market.
- BAM has an average volume of 4268500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- BAM is an average performer in the Capital Markets industry, it outperforms 40% of 239 stocks in the same industry.
- In the last month BAM has a been trading in the 42.20 - 46.04 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BAM Weekly and Daily overview Charts
BAM Setup Rating and Analysis
BAM has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 45.11. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 43.06, a Stop Loss order could be placed below this zone.
More info and screens
BAM Support and Resistance Analysis
42.43
We found 1 important support area.
- A support zone ranging from 42.86 to 43.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 45.11 to 45.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @49.60 from a trend line in the daily time frame.
- Resistance @51.27 from a trend line in the daily time frame.
- A resistance zone ranging from 55.13 to 55.68. This zone is formed by a combination of multiple trend lines in the daily time frame.
BAM Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for BAM is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BAM is neutral. |
| ChartMill Relative Strength | 19.95 | NEGATIVE | BAM has a low relative strength, it was outperformed by 80.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BAM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BAM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BAM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.5 | NEUTRAL | The RSI value for BAM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.42 | POSITIVE | The MACD value suggests BAM has a positive trend. |
| Stochastics (14,3) | 71.71 | NEUTRAL | The Stochastics value for BAM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.75 | MEDIUM VOLATILITY | The ATR as a percentage value for BAM suggests some volalility. |
| Average Directional Index/ADX (14) | 21.43 | NEUTRAL | The ADX value for BAM suggests a possible start of a new trend. |
BAM Chart- and CandleStick Pattern Analysis
BAM Technicals: Chart, Performance Metrics, Trend & Indicators
45.1
-0.16 (-0.35%)
BROOKFIELD ASSET MGMT-A / BAM TA FAQ
Can you provide the ChartMill technical rating for BROOKFIELD ASSET MGMT-A?
ChartMill assigns a technical rating of 1 / 10 to BAM.
What is the trend direction for BAM stock?
The current trend direction for BROOKFIELD ASSET MGMT-A (BAM) is Bearish.
What is the RSI signal for BROOKFIELD ASSET MGMT-A (BAM) stock?
BROOKFIELD ASSET MGMT-A (BAM) has an RSI value of 50.5046. This indicates that the stock is currently neutral.
What is the MACD signal for BAM stock?
The MACD indicator for BROOKFIELD ASSET MGMT-A (BAM) has a value of 0.420177, indicating a bearish trend.