BROOKFIELD BUSINESS PT-UNIT (BBU-UN.CA) Stock Technical Analysis
TSX:BBU-UN - Toronto Stock Exchange - BMG162341090 - Currency: CAD
We assign a technical rating of 5 out of 10 to BBU-UN. BBU-UN has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
BBU-UN 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 BBU-UN is lagging the market slightly.
When compared to the yearly performance of all other stocks, BBU-UN outperforms 69% of them, which is more or less in line with the market.
In the last month BBU-UN has a been trading in the 34.02 - 37.32 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
BBU-UN has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 34.69, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BBU-UN in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
29.11
37.48
When analyzing the support we can see 3 important areas.
- A support zone ranging from 33.99 to 34.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @30.41 from a trend line in the weekly time frame.
- Support @29.40 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 34.79 to 35.38. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 36.10 to 36.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 37.10 to 37.11. This zone is formed by a combination of multiple trend lines 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 BBU-UN.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BBU-UN.CA is neutral. |
| ChartMill Relative Strength | 69.03 | NEUTRAL | BBU-UN.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BBU-UN.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of BBU-UN.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BBU-UN.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.11 | NEUTRAL | The RSI value for BBU-UN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests BBU-UN.CA has a negative trend. |
| Stochastics (14,3) | 21.17 | NEUTRAL | The Stochastics value for BBU-UN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.2 | MEDIUM VOLATILITY | The ATR as a percentage value for BBU-UN.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 21.1 | NEUTRAL | The ADX value for BBU-UN.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)
TSX:BBU-UN (7/21/2025, 7:00:00 PM)
34.7
-0.6 (-1.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryIndustrial Conglomerates
Performance
% Chg-1.7%
1 Week-2.83%
2 Weeks-1.7%
1 Month-1.56%
3 Month15.01%
6 Month11.61%
12 Month22.92%
2 Year53.47%
3 Year37.86%
5 Year-2.5%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1
ATR(20)%3.2%
ATR Inc-41.39%
Range Today0.76
ADR(20)1.09
ADR(20)%3.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.03
Mansfield-0.09
10 Day High36.1
10 Day Low34.58
20 Day High37.32
20 Day Low34.02
52 Week High37.54
52 Week Low25.4
CS1 End34.69
CR1 Start34.79
Volume & EV
DER(3)1.29%
DER(5)3.09%
Volume18.02K
Volume Incr-35.26%
Vol(5)17.88K
Vol(50)42.82K