Taking everything into account, BPY scores 8 out of 10 in our technical rating. In the last year, BPY was one of the better performers, but we do observe some doubts in the very recent evolution.
Besides having an excellent technical rating, BPY also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 18.58, a Stop Loss order could be placed below this zone.
17.56
When analyzing the support we notice one important area.
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 | UP | POSITIVE | The long term trend for BPY is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BPY is neutral. |
| ChartMill Relative Strength | 80.2 | POSITIVE | BPY has a high relative strength, it outperformed 80.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BPY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of BPY is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BPY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.7 | NEUTRAL | The RSI value for BPY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests BPY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 54.31 | NEUTRAL | The Stochastics value for BPY is a neutral value. |
| Average True Range in percent/ATR (20) | 1.35 | LOW VOLATILITY | The low ATR as a percentage value for BPY suggests low volalility. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 18.70 | 18.11 | 0.59 (3.14%) | 25.00% |
| An entry @18.70. This is a Buy Stop order right above the 10 day moving average. | An exit @18.11. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.59 points, which is 3.14%. | For a 0.79% total portfolio risk, you can invest 25.00% of your capital in this trade. |
18.59
-0.05 (-0.27%)
ChartMill assigns a technical rating of 7 / 10 to BPY.
The current trend direction for Brookfield Property Partners L (BPY) is Bullish.
Brookfield Property Partners L (BPY) has an RSI value of 45.6966. This indicates that the stock is currently neutral.
The short term momentum for Brookfield Property Partners L (BPY) is neutral.