BROOKFIELD BUSINESS PT-UNIT (BBU) Stock Technical Analysis
NYSE:BBU - New York Stock Exchange, Inc. - BMG162341090 - Currency: USD
Overall BBU gets a technical rating of 4 out of 10. Although BBU is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month BBU has a been trading in the 23.31 - 27.47 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: BBU has an average volume of 22760 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When comparing the yearly performance of all stocks, we notice that BBU is one of the better performing stocks in the market, outperforming 74% of all stocks. We also observe that the gains produced by BBU over the past year are nicely spread over this period.
BBU is one of the better performing stocks in the Industrial Conglomerates industry, it outperforms 80% of 6 stocks in the same industry.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
BBU is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BBU is lagging the market slightly.
BBU has an average technical rating and it also does not offer a high quality setup 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
20.50
27.43
3 important support areas can be observed.
- A support zone ranging from 23.92 to 23.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @21.81 from a trend line in the weekly time frame.
- Support @20.71 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 24.87 to 25.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @26.43 from a horizontal line in the daily time frame.
- A resistance zone ranging from 27.16 to 27.16. 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 | NEUTRAL | NEUTRAL | The long term trend for BBU is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BBU is neutral. |
| ChartMill Relative Strength | 74.24 | POSITIVE | BBU has a high relative strength, it outperformed 74.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BBU is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BBU is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BBU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 35.14 | NEUTRAL | The RSI value for BBU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.24 | NEGATIVE | The MACD value suggests BBU has a negative trend. |
| Stochastics (14,3) | 10.77 | OVERSOLD | The low Stochastics value suggests BBU may be oversold. |
| Average True Range in percent/ATR (20) | 3.76 | MEDIUM VOLATILITY | The ATR as a percentage value for BBU suggests some volalility. |
| Average Directional Index/ADX (14) | 16.47 | NEGATIVE | The low ADX value for BBU 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)
NYSE:BBU (8/1/2025, 8:22:24 PM)
23.93
-0.22 (-0.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryIndustrial Conglomerates
Performance
% Chg-0.91%
1 Week-6.78%
2 Weeks-7.46%
1 Month-11.89%
3 Month7.65%
6 Month9.07%
12 Month19.05%
2 Year59.32%
3 Year10.33%
5 Year-23.6%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.9
ATR(20)%3.76%
ATR Inc105.87%
Range Today2.69
ADR(20)0.88
ADR(20)%3.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.24
Mansfield-0.36
10 Day High26.24
10 Day Low23.31
20 Day High27.47
20 Day Low23.31
52 Week High27.47
52 Week Low18.45
CS1 End23.92
CR1 Start24.87
Volume & EV
DER(3)5.32%
DER(5)3.45%
Volume29.70K
Volume Incr14.49%
Vol(5)29.36K
Vol(50)22.76K