BROOKFIELD ASSET MGMT-A (BAM)
CA1130041058 - Common Stock
We assign a technical rating of 10 out of 10 to BAM. Both in the recent history as in the last year, BAM has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, BAM did better than 91% of all other stocks. We also observe that the gains produced by BAM over the past year are nicely spread over this period.
BAM is one of the better performing stocks in the Capital Markets industry, it outperforms 88% of 218 stocks in the same industry.
BAM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BAM is lagging the market slightly.
BAM is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
BAM has an average volume of 1056130 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
BAM has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 55.55, a Stop Loss order could be placed below this zone.
More info and screens
37.94
58.39
We found 2 important support areas.
- A support zone ranging from 54.99 to 55.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 38.32 to 38.32. This zone is formed by a combination of multiple trend lines in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 55.83 to 56.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @57.81 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.93
Mansfield1.74
10 Day High58.53
10 Day Low54.56
20 Day High58.53
20 Day Low52.19
52 Week High58.53
52 Week Low33.45
Performance
1 Week-0.91%
2 Weeks-0.64%
1 Month5.81%
3 Month33.59%
6 Month38.14%
12 Month63.56%
2 Year17.84%
3 Year-1.09%
5 Year42.68%
10 Year149.42%
15 Year489.11%
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)
Technical Indicators
MACD(12,26,9)-0.38
RSI(14)60.54
LBB54.44
UBB57.62
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 |
|---|---|---|---|
| 56.41 | 54.98 | 1.43 (2.54%) | 25.00% |
| An entry @56.41. This is a Buy Stop order right above the resistance zone. | An exit @54.98. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.43 points, which is 2.54%. | For a 0.63% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of BAM. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BROOKFIELD ASSET MGMT-A
NYSE:BAM (11/21/2024, 8:14:04 PM)
After market: 55.56 0 (0%)55.56
+0.56 (+1.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg1.02%
1 Week-0.91%
2 Weeks-0.64%
1 Month5.81%
3 Month33.59%
6 Month38.14%
12 Month63.56%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.52
ATR(20)%2.45%
ATR Inc
Range Today1.12
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High58.53
10 Day Low54.56
20 Day High58.53
20 Day Low52.19
52 Week High58.53
52 Week Low33.45
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume699.00K
Volume Incr-30.87%
Vol(5)877.54K
Vol(50)1.06M