NYSE:BBUC • CA11259V1067
Overall BBUC gets a technical rating of 4 out of 10. Although BBUC 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.
BBUC has an average technical rating and also the quality of the setup is only medium 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.
26.76
3 important support areas can be observed.
We can see 4 important resistance areas.
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 BBUC is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BBUC is neutral. |
| ChartMill Relative Strength | 74.84 | POSITIVE | BBUC has a high relative strength, it outperformed 74.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BBUC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BBUC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BBUC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.88 | NEUTRAL | The RSI value for BBUC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests BBUC has a negative trend. |
| Stochastics (14,3) | 23.99 | NEUTRAL | The Stochastics value for BBUC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.94 | MEDIUM VOLATILITY | The ATR as a percentage value for BBUC suggests some volalility. |
| Average Directional Index/ADX (14) | 16.79 | NEGATIVE | The low ADX value for BBUC suggests a weak or negative trend. |
34.12
-0.92 (-2.63%)
ChartMill assigns a technical rating of 4 / 10 to BBUC.
The current trend direction for BROOKFIELD BUSINESS-CL A (BBUC) is Bearish.
BROOKFIELD BUSINESS-CL A (BBUC) has an RSI value of 40.8809. This indicates that the stock is currently neutral.
The short term momentum for BROOKFIELD BUSINESS-CL A (BBUC) is neutral.