TSX:BMAX - Toronto Stock Exchange - CA11221Y1051 - ETF - Currency: CAD
Overall BMAX gets a technical rating of 3 out of 10. BMAX performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
BMAX has a poor technical rating and the quality of the setup is also 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.
12.11
3 important support areas can be observed.
We can see 2 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 BMAX.CA is neutral. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BMAX.CA is neutral. |
ChartMill Relative Strength | 39.43 | NEUTRAL | BMAX.CA is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BMAX.CA is below a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | MIXED | The current price of BMAX.CA is below the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BMAX.CA is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 44.45 | NEUTRAL | The RSI value for BMAX.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests BMAX.CA has a negative trend. |
Stochastics (14,3) | 46.99 | NEUTRAL | The Stochastics value for BMAX.CA is a neutral value. |
Average True Range in percent/ATR (20) | 0.86 | LOW VOLATILITY | The low ATR as a percentage value for BMAX.CA suggests low volalility. |
Average Directional Index/ADX (14) | 24.62 | NEUTRAL | The ADX value for BMAX.CA suggests a possible start of a new trend. |
TSX:BMAX (8/7/2025, 7:00:00 PM)
13.96
-0.03 (-0.25%)