TSX:BMAX - CA11221Y1051 - ETF
Taking everything into account, BMAX scores 5 out of 10 in our technical rating. Although BMAX is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
BMAX 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.
12.11
4 important support areas can be observed.
We found 1 important resistance 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 | 32.89 | NEUTRAL | BMAX.CA is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of BMAX.CA is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 47.98 | NEUTRAL | The RSI value for BMAX.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests BMAX.CA has a negative trend. |
Stochastics (14,3) | 70.74 | NEUTRAL | The Stochastics value for BMAX.CA is a neutral value. |
Average True Range in percent/ATR (20) | 0.81 | LOW VOLATILITY | The low ATR as a percentage value for BMAX.CA suggests low volalility. |
Average Directional Index/ADX (14) | 14.71 | NEGATIVE | The low ADX value for BMAX.CA suggests a weak or negative trend. |
TSX:BMAX (8/29/2025, 7:00:00 PM)
14.1
-0.17 (-1.19%)