BROOKFIELD ASSET MANAGEMEN-A (BAMR) Stock Technical Analysis
USA - NYSE:BAMR - BMG161691073 - Common Stock
33.92 USD
+0.28 (+0.83%)
Taking everything into account, BAMR scores 0 out of 10 in our technical rating. BAMR 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 negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, BAMR is a bad performer in the overall market: 82% of all stocks are doing better.
BAMR is one of the lesser performing stocks in the Insurance industry. 70% of 147 stocks in the same industry do better.
BAMR is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month BAMR has a been trading in the 33.10 - 47.58 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Warning: BAMR has an average volume of 20910 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The technical rating of BAMR is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
33.58
49.29
3 important resistance areas can be observed.
- A resistance zone ranging from 41.79 to 42.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 46.61 to 46.82. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 48.77 to 48.80. 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 | DOWN | NEGATIVE | The long term trend for BAMR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BAMR is down. |
| ChartMill Relative Strength | 18.33 | NEGATIVE | BAMR has a low relative strength, it was outperformed by 81.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BAMR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BAMR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BAMR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 26.19 | OVERSOLD | The low RSI value suggests BAMR may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.35 | NEGATIVE | The MACD value suggests BAMR has a negative trend. |
| Stochastics (14,3) | 4.09 | OVERSOLD | The low Stochastics value suggests BAMR may be oversold. |
| Average True Range in percent/ATR (20) | 4.84 | MEDIUM VOLATILITY | The ATR as a percentage value for BAMR suggests some volalility. |
| Average Directional Index/ADX (14) | 25.43 | POSITIVE | The high ADX value value for BAMR suggests a strong 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)
NYSE:BAMR (12/13/2022, 8:04:01 PM)
33.92
+0.28 (+0.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.83%
1 Week-21.84%
2 Weeks-24.47%
1 Month-25.84%
3 Month-29.29%
6 Month-22.11%
12 Month-42.06%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.92
ATR(20)%4.84%
ATR Inc369.54%
Range Today1.22
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.33
3 months CRSN/A
6 months CRSN/A
Mansfield-2.97
10 Day High47.58
10 Day Low33.1
20 Day High47.58
20 Day Low33.1
52 Week High64.09
52 Week Low33.1
CS1 EndN/A
CR1 Start41.79
Volume & EV
DER(3)-1.93%
DER(5)-3.24%
Volume24.10K
Volume Incr23.91%
Vol(5)27.52K
Vol(50)20.91K