BROOKFIELD BUSINESS PT-UNIT (BBU-UN.CA) Stock Technical Analysis
TSX:BBU-UN - Toronto Stock Exchange - BMG162341090 - Currency: CAD
Taking everything into account, BBU-UN scores 8 out of 10 in our technical rating. BBU-UN 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.
When comparing the yearly performance of all stocks, we notice that BBU-UN is one of the better performing stocks in the market, outperforming 79% of all stocks.
BBU-UN 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 BBU-UN is performing more or less in line with the market.
BBU-UN 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.
BBU-UN has an excellent technical rating and 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 a resistance zone just above the current price starting at 36.10. Right above this resistance zone may be a good entry point.
More info and screens
27.46
37.48
3 important support areas can be observed.
- A support zone ranging from 31.58 to 31.90. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 29.21 to 29.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @27.74 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 36.10 to 36.40. 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 | UP | POSITIVE | The short term trend for BBU-UN.CA is up. |
| ChartMill Relative Strength | 79.52 | POSITIVE | BBU-UN.CA has a high relative strength, it outperformed 79.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BBU-UN.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BBU-UN.CA is above 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) | 57.01 | NEUTRAL | The RSI value for BBU-UN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests BBU-UN.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.9 | NEUTRAL | The Stochastics value for BBU-UN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.78 | MEDIUM VOLATILITY | The ATR as a percentage value for BBU-UN.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 28.18 | POSITIVE | The high ADX value value for BBU-UN.CA 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)
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 |
|---|---|---|---|
| 34.77 | 33.72 | 1.05 (3.03%) | 25.00% |
| An entry @34.77. This is a Buy Stop order right above the 10 day moving average. | An exit @33.72. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.05 points, which is 3.03%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.76%. |
- The distance between exit and entry is rather small compared to the average daily movement of BBU-UN. Please evaluate whether better entry and exit points can be found.
- 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:BBU-UN (5/28/2025, 7:00:00 PM)
34.18
+0.04 (+0.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryIndustrial Conglomerates
Performance
% Chg0.12%
1 Week-0.32%
2 Weeks-0.87%
1 Month11.55%
3 Month-5.24%
6 Month-6.07%
12 Month39.45%
2 Year36.18%
3 Year16.77%
5 Year-19.58%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.33
ATR(20)%3.78%
ATR Inc-29.64%
Range Today0.87
ADR(20)1.24
ADR(20)%3.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.52
Mansfield0.71
10 Day High36.46
10 Day Low33.73
20 Day High36.46
20 Day Low29.09
52 Week High37.54
52 Week Low23
CS1 End31.9
CR1 Start36.1
Volume & EV
DER(3)-0.73%
DER(5)-1.21%
Volume29.59K
Volume Incr-29.98%
Vol(5)46.40K
Vol(50)52.52K