Canada - TSX:BMAX - CA11221Y1051 - ETF
Taking everything into account, BMAX scores 5 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, BMAX is a bad performer.
BMAX has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 14.38, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BMAX in the last couple of days, which is a good sign.
13.75
When analyzing the support we notice one important area.
When analyzing the resistance we notice one important area.
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 | NEUTRAL | NEUTRAL | The short term trend for BMAX.CA is neutral. |
ChartMill Relative Strength | 27.26 | NEGATIVE | BMAX.CA has a low relative strength, it was outperformed by 72.74% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | MIXED | The current price of BMAX.CA is below 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 | POSITIVE | The current price of BMAX.CA is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 51.05 | NEUTRAL | The RSI value for BMAX.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests BMAX.CA has a negative trend. |
Stochastics (14,3) | 59.59 | NEUTRAL | The Stochastics value for BMAX.CA is a neutral value. |
Average True Range in percent/ATR (20) | 0.82 | LOW VOLATILITY | The low ATR as a percentage value for BMAX.CA suggests low volalility. |
Average Directional Index/ADX (14) | 15.74 | NEGATIVE | The low ADX value for BMAX.CA suggests a weak or negative trend. |
TSX:BMAX (10/16/2025, 7:00:00 PM)
14.42
-0.06 (-0.41%)