BROOKFIELD BUSINESS-CL A (BBUC.CA) Stock Technical Analysis
TSX:BBUC - Toronto Stock Exchange - CA11259V1067 - Common Stock - Currency: CAD
Overall BBUC gets a technical rating of 10 out of 10. Both in the recent history as in the last year, BBUC has proven to be a steady performer, scoring decent points in every aspect analyzed.
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 BBUC is one of the better performing stocks in the market, outperforming 83% of all stocks.
BBUC is part of the Industrial Conglomerates industry. There are 4 other stocks in this industry. BBUC outperforms 100% of them.
BBUC is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so BBUC is leading the market.
BBUC 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.
BBUC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 39.88, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
32.00
41.09
When analyzing the support we can see 3 important areas.
- A support zone ranging from 37.98 to 39.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @34.30 from a trend line in the weekly time frame.
- A support zone ranging from 32.32 to 32.56. 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 | UP | POSITIVE | The long term trend for BBUC.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BBUC.CA is up. |
| ChartMill Relative Strength | 83.82 | POSITIVE | BBUC.CA has a high relative strength, it outperformed 83.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BBUC.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BBUC.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BBUC.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.74 | NEUTRAL | The RSI value for BBUC.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests BBUC.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 57.84 | NEUTRAL | The Stochastics value for BBUC.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.62 | MEDIUM VOLATILITY | The ATR as a percentage value for BBUC.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 23.47 | NEUTRAL | The ADX value for BBUC.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)
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 |
|---|---|---|---|
| 41.10 | 38.49 | 2.61 (6.35%) | 15.75% |
| An entry @41.10. This is a Buy Stop order right above the 10 day high. | An exit @38.49. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.61 points, which is 6.35%. | When investing 15.75% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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:BBUC (6/6/2025, 7:00:00 PM)
40.68
+0.71 (+1.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryIndustrial Conglomerates
Performance
% Chg1.78%
1 Week3.27%
2 Weeks4.41%
1 Month5.33%
3 Month5.31%
6 Month7.14%
12 Month50%
2 Year62.92%
3 Year38.18%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.93
ATR(20)%2.62%
ATR Inc8.22%
Range Today1.16
ADR(20)0.94
ADR(20)%2.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.82
Mansfield1.32
10 Day High41.09
10 Day Low38.5
20 Day High42
20 Day Low38.5
52 Week High42
52 Week Low25.12
CS1 End39.88
CR1 StartN/A
Volume & EV
DER(3)0.17%
DER(5)-1.94%
Volume26.59K
Volume Incr-29.76%
Vol(5)26.77K
Vol(50)36.56K