BROMPTON ENH MULTI-ASSET ETF (BMAX.CA) Stock Technical Analysis
TSX:BMAX - Toronto Stock Exchange - CA11221Y1051 - ETF - Currency: CAD
Taking everything into account, BMAX scores 5 out of 10 in our technical rating. BMAX has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
66% of all other stocks performed better in the past year than BMAX.
Warning: BMAX has an average volume of 17267 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
BMAX 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 BMAX is performing more or less in line with the market.
In the last month BMAX has a been trading in a tight range between 13.19 and 13.90.
Considerably lower volume is observed in the last couple of days.
BMAX has an average technical rating and the quality of the presented setup is also not ideal 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
12.11
14.60
When analyzing the support we can see 2 important areas.
- A support zone ranging from 13.31 to 13.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 12.23 to 12.34. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 13.76 to 14.14. 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 14.39 to 14.46. 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 BMAX.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BMAX.CA is up. |
| ChartMill Relative Strength | 34.87 | NEUTRAL | BMAX.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BMAX.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BMAX.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of BMAX.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.91 | NEUTRAL | The RSI value for BMAX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests BMAX.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.23 | NEUTRAL | The Stochastics value for BMAX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.01 | LOW VOLATILITY | The low ATR as a percentage value for BMAX.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 14.9 | NEGATIVE | The low ADX value for BMAX.CA 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)
TSX:BMAX (5/29/2025, 7:00:00 PM)
13.75
-0.02 (-0.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.15%
1 Week0.51%
2 Weeks1.48%
1 Month3.54%
3 Month-2.83%
6 Month-4.71%
12 Month2.08%
2 Year13.54%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%1.01%
ATR Inc-48.96%
Range Today0.05
ADR(20)0.12
ADR(20)%0.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.87
Mansfield-0.35
10 Day High13.9
10 Day Low13.55
20 Day High13.9
20 Day Low13.19
52 Week High14.55
52 Week Low11.68
CS1 End13.61
CR1 Start13.76
Volume & EV
DER(3)-1.77%
DER(5)-1.01%
Volume7.57K
Volume Incr-35.62%
Vol(5)10.07K
Vol(50)17.27K